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PENSION PLAN FOR EMPLOYEES OF MAINTENANCE SERVICE CORPORATION

PBGC Trusteed Plan · Case 22716200

The PENSION PLAN FOR EMPLOYEES OF MAINTENANCE SERVICE CORPORATION, a single-employer defined-benefit pension plan sponsored by MAINTENANCE SERVICE CORPORATION of MILWAUKEE, WI, was terminated on 2014-08-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2017-08-07. At the date of termination the plan had 57 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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