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HARMONY INDUSTRIES DIV OF REP CORP RET PLAN

PBGC Trusteed Plan · Case 8319601

The HARMONY INDUSTRIES DIV OF REP CORP RET PLAN, a single-employer defined-benefit pension plan sponsored by REPUBLIC CORP of LA JOLLA, CA, was terminated on 1985-08-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-01-07. At the date of termination the plan had 95 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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