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PBGC Trusteed Plan · Case 2224400
The MESSINGER BEARINGS INC EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by MESSINGER BEARINGS INC of PHILADELPHIA, PA, was terminated on 1978-06-06 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-08-15. At the date of termination the plan had 54 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.
| Plan | Terminated | Participants |
|---|---|---|
| MESSINGER BEARINGS, INC UNION PENSION AGREEMENT | 1978-07-06 | 136 |
All plans sponsored by EIN 230869420. Full sponsor profile →
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