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PBGC Trusteed Plan · Case 3550700
The WHITE MOTOR CORP WHITE TRUCK BRANCH PHILADELPHIA, a single-employer defined-benefit pension plan sponsored by WHITE MOTOR CORP of FARMINGTON HILLS, MI, was terminated on 1981-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1982-02-25. At the date of termination the plan had 22 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 |
|---|---|---|
| WHITE MOTOR CORP TRUCK DIV CLEVELAND UNION PLAN | 1981-11-30 | 3,372 |
| WHITE MOTOR CORP SALARY EMPLOYEES PENSION PLAN | 1981-11-30 | 1,856 |
| WHITE MOTOR CORP AUTOCAR DIV UNION EMPLOYEES P P | 1981-11-30 | 480 |
| WHITE MOTOR CORP AUTOCAR DIV SALARIED EMPS PP | 1981-11-30 | 201 |
| WHITE MOTOR CORP WHITE TRUCK BRANCH DALLAS | 1981-11-30 | 34 |
| WHITE MOTOR CORP WHITE TRUCK BRANCH CHICAGO | 1981-11-30 | 1 |
All plans sponsored by EIN 340617390. Full sponsor profile →
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