Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 21085900
The ROCKFORD PRODUCTS CORPORATION CORRELATED PENSION PLAN, a single-employer defined-benefit pension plan sponsored by ROCKFORD PRODUCTS CORPORATION of ROCKFORD, IL, was terminated on 2007-12-17 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-06-03. At the date of termination the plan had 687 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.
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