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BURNSIDE STEEL FOUNDRY CO HRLY PENSION PLAN

PBGC Trusteed Plan · Case 4213700

The BURNSIDE STEEL FOUNDRY CO HRLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by BURNSIDE STEEL FOUNDRY CO of CHICAGO, IL, was terminated on 1982-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-03-29. At the date of termination the plan had 250 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 360857630. 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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