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CHILTON MALTING CO LOCAL 900 BRANCH 10 IBT

PBGC Trusteed Plan · Case 706000

The CHILTON MALTING CO LOCAL 900 BRANCH 10 IBT, a single-employer defined-benefit pension plan sponsored by JOINT COMT LOCAL 900 BRANCH 10IBT CHILTON MALTING CO of CHILTON, WI, was terminated on 1976-03-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-08-19. At the date of termination the plan had 24 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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