Federal Data Hub › PBGC Trusteed Plans · JSON

THE RETIREMENT INCOME PLAN FOR SALARIED EMPLOYEES OF CHI-VIT CORPORATION

PBGC Trusteed Plan · Case 20885600

The THE RETIREMENT INCOME PLAN FOR SALARIED EMPLOYEES OF CHI-VIT CORPORATION, a single-employer defined-benefit pension plan sponsored by CV MATERIALS LTD of WASHINGTON, OH, was terminated on 2007-01-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-12-04. At the date of termination the plan had 89 participants — current and former employees with vested retirement benefits.

When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.

References

1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.