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PBGC Trusteed Plan · Case 23281000
The BOSTON HERALD INC. GUILD COMMERCIAL RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by BOSTON HERALD, INC. of BOSTON, MA, was terminated on 2018-03-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2018-08-06. At the date of termination the plan had 233 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 |
|---|---|---|
| BOSTON HERALD PENSION AND RETIREMENT PLAN | 2018-03-31 | 223 |
All plans sponsored by EIN 42775341. Full sponsor profile →
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