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PORTERSVILLE EQUIPMENT CO SALARIED EMPL PEN PLAN

PBGC Trusteed Plan · Case 985700

The PORTERSVILLE EQUIPMENT CO SALARIED EMPL PEN PLAN, 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 6 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
PORTERVILLE EQUIPMENT CO HOURLY EMPLOYEES1976-07-2615

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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