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PBGC Trusteed Plan · Case 7478700
The WHEELING PITTSBURGH STEEL OHIO VALLEY PLANTS, a single-employer defined-benefit pension plan sponsored by WHEELING PITTSBURGH STEEL COMPANY of —, —, was terminated on 1985-11-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-08-19. At the date of termination the plan had 11,007 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.
| Plan | Terminated | Participants |
|---|---|---|
| WHEELING PITTSBURGH STEEL MON VALLEY PLANTS | 1985-11-08 | 6,973 |
| WHEELING PITTSBURGH STEEL RETIREMENT INCOME PLAN | 1985-11-08 | 3,698 |
| WHEELING PITTSBURGH STEEL WHEELING CORRUGATING CO | 1985-11-08 | 18 |
All plans sponsored by EIN 550309927. Full sponsor profile →
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