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Workers & Retirees

SENCORP RETIREMENT PLAN

Overview

Plan SponsorSENCORP
Case Number21443600
Date of Plan TerminationJuly 01, 2009
Date of PBGC TrusteeshipOctober 30, 2009
Participants2565

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.

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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.

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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.

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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.

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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.

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Related Resources

Your Sencorp Pension Benefit: Final Benefit Calculations (as of 3/12/2013)

PBGC continues to calculate the final benefit amount that participants will receive from their Sencorp pension plan. This process typically takes about three years, depending on the complexity of each pension plan's provisions and the valuation of its assets.

We expect to send final benefit determinations to the almost 2,600 participants in the Sencorp Retirement Plan by Sept. 30, 2014.