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MCLOUTH STEEL CORP GENERAL RET PLAN SAL EMP

PBGC Trusteed Plan · Case 4132100

The MCLOUTH STEEL CORP GENERAL RET PLAN SAL EMP, a single-employer defined-benefit pension plan sponsored by MCLOUTH STEEL CORP of DETROIT, MI, was terminated on 1982-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-08-01. At the date of termination the plan had 925 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.

Other plans from the same sponsor

All plans sponsored by EIN 380811650. Full sponsor profile →

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.

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