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PBGC Trusteed Plan · Case 8560800
The RPC CORPORATION PENSION PLAN HOURLY, a single-employer defined-benefit pension plan sponsored by RPC CORP of ATLANTA, GA, was terminated on 1986-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-12-29. At the date of termination the plan had 40 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 |
|---|---|---|
| RPC CORPORATION PENSION PLAN SALARIED | 1986-07-31 | 24 |
All plans sponsored by EIN 561125383. Full sponsor profile →
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