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PBGC Trusteed Plan · Case 7849901
The CAPITOL AIR INC PENSION PLAN FOR PILOTS, a single-employer defined-benefit pension plan sponsored by CAPITOL AIR INC of SMYRNA, TN, was terminated on 1986-02-14 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-02-26. At the date of termination the plan had 145 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 |
|---|---|---|
| CAPITOL AIR INC ADMINISTRATIVE EMPLOYEES PLAN | 1986-02-14 | 504 |
| CAPITOL AIR INC PENSION PLAN FOR FLIGHT ENGINEERS | 1986-02-14 | 59 |
All plans sponsored by EIN 620430449. Full sponsor profile →
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