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PBGC Trusteed Plan · Case 8435600
The MODULUS CORPORATION HOURLY EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by RBS INDUSTRIES INC of MILFORD, CT, was terminated on 1986-10-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-01-06. At the date of termination the plan had 1,006 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 |
|---|---|---|
| MILFORD RIVET AND MACHINE CO SALARIED PLAN | 1989-05-16 | 82 |
All plans sponsored by EIN 12820. Full sponsor profile →
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