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BARCLAY IND INC USWA AFL-CIO DIS 9 LOCAL 12447 PP

PBGC Trusteed Plan · Case 4829100

The BARCLAY IND INC USWA AFL-CIO DIS 9 LOCAL 12447 PP, a single-employer defined-benefit pension plan sponsored by BARCLAY INDUSTRIES, INC of LODI, NJ, was terminated on 1983-04-04 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1984-01-26. At the date of termination the plan had 82 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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