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MACKINTOSH HEMPHILL AND THE UNITED STEELWORKERS

PBGC Trusteed Plan · Case 8356000

The MACKINTOSH HEMPHILL AND THE UNITED STEELWORKERS, a single-employer defined-benefit pension plan sponsored by UPDATE SPONSOR NAME of WASHINGTON, DC, was terminated on 1987-01-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-06-17. At the date of termination the plan had 624 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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