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RETIREMENT PLAN FOR HOURLY-RATED EMPLOYEES OF NORANDA ALUMINUM INC

PBGC Trusteed Plan · Case 22969500

The RETIREMENT PLAN FOR HOURLY-RATED EMPLOYEES OF NORANDA ALUMINUM INC, a single-employer defined-benefit pension plan sponsored by NORANDA ALUMINUM INC. of FRANKLIN, TN, was terminated on 2016-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2016-11-09. At the date of termination the plan had 1,467 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.

Other plans from the same sponsor

PlanTerminatedParticipants
NORANDA ALUMINUM GROUP RETIREMENT PLAN2016-10-311,364

All plans sponsored by EIN 362665285. Full sponsor profile →

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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