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DEFINED BENEFIT PENSION PLAN OF LIONS WORLD SERVICES FOR THE BLIND

PBGC Trusteed Plan · Case 22541800

The DEFINED BENEFIT PENSION PLAN OF LIONS WORLD SERVICES FOR THE BLIND, a single-employer defined-benefit pension plan sponsored by WORLD SERVICES FOR THE BLIND, INC. of LITTLE ROCK, AR, was terminated on 2013-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2016-07-25. At the date of termination the plan had 66 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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