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EMPLOYEES' RETIREMENT PLAN OF CHRIST HOSPITAL

PBGC Trusteed Plan · Case 21932000

The EMPLOYEES' RETIREMENT PLAN OF CHRIST HOSPITAL, a single-employer defined-benefit pension plan sponsored by CHRIST HOSPITAL of JERSEY CITY, NJ, was terminated on 2011-10-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2012-01-04. At the date of termination the plan had 2,407 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.

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