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LEBANON STEEL FOUNDRY, #1 UNION EMPLOYEES PEN PLAN

PBGC Trusteed Plan · Case 4570600

The LEBANON STEEL FOUNDRY, #1 UNION EMPLOYEES PEN PLAN, a single-employer defined-benefit pension plan sponsored by LEBANON STEEL FOUNDRY of LEBANON, PA, was terminated on 1983-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1985-03-19. At the date of termination the plan had 707 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

PlanTerminatedParticipants
LEBANON STEEL FOUNDRY PLAN #2 SALARIED EMPL.1983-06-30265

All plans sponsored by EIN 230794200. 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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