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NACHMAN CORPORATION UAW PENSION PLAN

PBGC Trusteed Plan · Case 515900

The NACHMAN CORPORATION UAW PENSION PLAN, a single-employer defined-benefit pension plan sponsored by NACHMAN CORP of DES PLAINES, IL, was terminated on 1975-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-11-12. At the date of termination the plan had 241 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
NACHMAN CORPORATION IAM PENSION PLAN1975-12-318

All plans sponsored by EIN 361518110. 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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