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PORTERVILLE EQUIPMENT CO HOURLY EMPLOYEES

PBGC Trusteed Plan · Case 985600

The PORTERVILLE EQUIPMENT CO HOURLY EMPLOYEES, a single-employer defined-benefit pension plan sponsored by PORTERSVILLE EQUIPMENT CO of PORTERSVILLE, PA, was terminated on 1976-07-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1976-12-16. At the date of termination the plan had 15 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
PORTERSVILLE EQUIPMENT CO SALARIED EMPL PEN PLAN1976-07-266

All plans sponsored by EIN 251184265. 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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