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CLIMAX MFG CO RETIREMENT INCOME PLAN FOR UNION EMPLOYEE

PBGC Trusteed Plan · Case 23390600

The CLIMAX MFG CO RETIREMENT INCOME PLAN FOR UNION EMPLOYEE, a single-employer defined-benefit pension plan sponsored by CLIMAX MANUFACTURING COMPANY of —, —, was terminated on 2016-04-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2019-03-04. At the date of termination the plan had 288 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

All plans sponsored by EIN 611613722. 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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