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WESTERN FOUNDRY COMPANY SAL EMPLOYEE PEN PLAN

PBGC Trusteed Plan · Case 8310500

The WESTERN FOUNDRY COMPANY SAL EMPLOYEE PEN PLAN, a single-employer defined-benefit pension plan sponsored by CONSOLIDATED FOUNDRIES & MFG CO of CLEVELAND, OH, was terminated on 1988-04-18 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-06-27. At the date of termination the plan had 14 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
CRUCIBLE STEEL CASTING COMPANY HOURLY PENSION PLAN1988-04-07124
CRUCIBLE STEEL CASTING CO SALARIED EMP PEN PLAN1988-04-0740

All plans sponsored by EIN 361897961. 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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