Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 3368900
The CHAMPION SHEET METAL CO HOURLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by CHAMPION SHEET METAL CO, INC of CORTLAND, NY, was terminated on 1982-03-07 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-08-15. At the date of termination the plan had 66 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 |
|---|---|---|
| CHAMPION SHEET METAL CO SALARIED PENSION PLAN | 1980-12-19 | 28 |
All plans sponsored by EIN 150266350. Full sponsor profile →
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