Federal Data Hub › PBGC Trusteed Plans · JSON

STRIDE RITE PENSION PLAN NEWBURYPORT

PBGC Trusteed Plan · Case 4281900

The STRIDE RITE PENSION PLAN NEWBURYPORT, a single-employer defined-benefit pension plan sponsored by STRIDE RITE FOOTWEAR INC FORMERLY STRIDE RITE of CAMBRIDGE, MA, was terminated on 1982-08-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1985-06-07. At the date of termination the plan had 129 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.