Federal Data Hub › PBGC Trusteed Plans · JSON

RETIREMENT PLAN FOR EMPLOYEES OF ROYAL CROWN BOTTLING COMPANY OF CHICAGO

PBGC Trusteed Plan · Case 21866000

The RETIREMENT PLAN FOR EMPLOYEES OF ROYAL CROWN BOTTLING COMPANY OF CHICAGO, a single-employer defined-benefit pension plan sponsored by ROYAL CROWN BOTTLING COMPANY OF CHICAGO of WESTMONT, IL, was terminated on 2012-01-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2012-09-25. At the date of termination the plan had 821 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.