RETIREMENT PLAN FOR CERTAIN EMPLOYEES OF US AIRWAYS INC.
Overview
| Plan Sponsor | US AIRWAYS INC. |
| Case Number | 20333200 |
| Date of Plan Termination | January 17, 2005 |
| Date of PBGC Trusteeship | February 01, 2005 |
| Participants | 27523 |
Status
1: PBGC has taken over as trustee of your pension plan. PBGC is now responsible for paying your pension benefits up to the limits set by law.
2: PBGC is verifying plan and participant information to calculate pension benefits. PBGC has sent letters to notify all participants and beneficiaries that we took over as trustee of your plan.
3: PBGC is calculating pension benefits, subject to legal limits, owed to all participants and beneficiaries.
PBGC has finished reviewing and verifying plan and participant information. We are now calculating the pension benefits, subject to the legal limits, owed to everyone in the plan.
4: PBGC has completed calculating pension benefits, subject to legal limits, owed to all participants and beneficiaries in the plan. We are now sending formal determinations of pension benefits to participants and beneficiaries.
5. All reviews, verifications and calculations have been completed. Formal determination letters describing the amount of pension benefits have been sent to participants and beneficiaries.
Related Resources
Plan-Specific Benefit Details
Announcements
News Releases
- PBGC Takes $2.3 Billion Pension Loss from US Airways (February 02, 2005)
- Statement of Executive Director Steven A. Kandarian on court ruling in dispute between PBGC and US Airways (December 30, 2003)
- PBGC Becomes Trustee of US Airways Pension Plan for Pilots (April 01, 2003)
- PBGC Will Not Object to "Follow-On" Pension Plan for US Airways Pilots (March 28, 2003)
