Federal Data Hub › PBGC Trusteed Plans · JSON

LANGER MANUFACTURING COMPANY BARGAINING UNIT EMPLOYEES' RETIREMENT

PBGC Trusteed Plan · Case 21990500

The LANGER MANUFACTURING COMPANY BARGAINING UNIT EMPLOYEES' RETIREMENT, a single-employer defined-benefit pension plan sponsored by LANGER MANUFACTURING COMPANY of CEDAR RAPIDS, IA, was terminated on 2011-05-27 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2012-03-07. At the date of termination the plan had 10 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.