Federal Data Hub › PBGC Trusteed Plans · JSON

SEEBURG PROD DIV PEN PLAN FOR SALARIED EMPL

PBGC Trusteed Plan · Case 3207200

The SEEBURG PROD DIV PEN PLAN FOR SALARIED EMPL, a single-employer defined-benefit pension plan sponsored by SEEBURG CORPORATION of CHICAGO, IL, was terminated on 1980-02-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-08-06. At the date of termination the plan had 180 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.