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WORCESTER PRESSED ALUMINUM CORP RET HOURLY EES

PBGC Trusteed Plan · Case 2387600

The WORCESTER PRESSED ALUMINUM CORP RET HOURLY EES, a single-employer defined-benefit pension plan sponsored by WORCESTER PRESSED ALUMINUM OF KINGSTON TOOL CO INC of WORCESTER, MA, was terminated on 1978-03-02 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-09-17. At the date of termination the plan had 34 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
WORCESTER PRESSED ALUMINUM CORP RET PLAN SAL EES1978-03-0218

All plans sponsored by EIN 42037665. 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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