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SIOUX TRANSPORTATION CO RET PLAN FOR NON UNION EMP

PBGC Trusteed Plan · Case 4370300

The SIOUX TRANSPORTATION CO RET PLAN FOR NON UNION EMP, a single-employer defined-benefit pension plan sponsored by SIOUX TRANSPORTATION CO of SIOUX CITY, IA, was terminated on 1982-05-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1984-09-10. At the date of termination the plan had 43 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.

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