Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 23057500
The EMPLOYEES' PENSION PLAN OF THE MUSKEGON HEARING AND SPEECH CENTER, a single-employer defined-benefit pension plan sponsored by MUSKEGON HEARING & SPEECH CENTER of MUSKEGON, MI, was terminated on 2015-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2017-08-07. At the date of termination the plan had 7 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.
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