Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 3872700
The WATSON MFG CO INC LOCAL 24 AFTE PENSION PLAN, a single-employer defined-benefit pension plan sponsored by WATSON MFG CO INC C/O JOHN HANCOCK of BOSTON, MA, was terminated on 1981-09-12 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-12-27. At the date of termination the plan had 13 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 |
|---|---|---|
| WATSON MFG CO INC OFFICE EMPLOYEES PENSION PLAN | 1981-09-12 | 40 |
All plans sponsored by EIN 160680800. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.