Federal Data Hub › PBGC Trusteed Plans · JSON

BIG DUTCHMANS NATL CHRISTIAN LABOR ASSOC USA PEN

PBGC Trusteed Plan · Case 3094700

The BIG DUTCHMANS NATL CHRISTIAN LABOR ASSOC USA PEN, a single-employer defined-benefit pension plan sponsored by U S INDUSTRIES INC of NEW YORK, NY, was terminated on 1978-05-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-08-25. At the date of termination the plan had 19 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.