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Stories about: PBGC

Visteon to Keep Pension Plans
Visteon to Keep Pension Plans

17 Mar 2010, 11:25 UTC · By: Daniel Patrascu / Contrary to what it initially planned to do, American supplier Visteon announced today it will keep the pension plans for the 23,000 employees and retirees. This means the decision made in December,...

 
NUMMI Workers to Get $250M from Toyota
NUMMI Workers to Get $250M from Toyota

5 Mar 2010, 09:03 UTC · By: Daniel Patrascu / As the projected closure of the New United Motor Manufacturing (NUMMI) on March 31 draws ever closer, all those involved are getting ready for what is considered an impact of great proportions for t...

 
NUMMI Pension Funds Pass to PBGC
NUMMI Pension Funds Pass to PBGC

4 Mar 2010, 11:27 UTC · By: Daniel Patrascu / The Pension Benefit Guaranty Corporation (PBGC) announced yesterday it will assume responsibility for the underfunded pension plan of the 5,800 employees and retirees of New United Motor Manufacturi...