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PBGC Trusteed Plan · Case 3732400
The SWANK REFR CO CER EMPLS OH WKS UN BRK/CLAY AFL/CIO, a single-employer defined-benefit pension plan sponsored by SWANK REFREACTORIES CO of CORAOPOLIS HEIGHTS, PA, was terminated on 1981-08-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-12-02. At the date of termination the plan had 28 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 |
|---|---|---|
| SWANK REFRATORIES CO | 1981-08-31 | 12 |
| SWANK RE CO EMPL REP UNITED STLWKS AMER AFL CIO | 1981-02-28 | 7 |
| SWANK REFRACTORIES COMPANY SALARIED PENSION PLAN | 1981-11-12 | 7 |
All plans sponsored by EIN 251112254. Full sponsor profile →
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