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  1. Defined Benefit Pension. Plan Features/Benefits. Benefits are primarily pay related. Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

  2. the budd company pension plan for executive and administrative employees is a defined benefit plan. This type of plan generally provides participants with a monthly retirement benefit upon reaching a specific age and may be adjusted for early retirement.

  3. Question: Cassy Budd Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $73,000; service cost, $17,800; Interest cost $4,800; benefits paid for the year, $9,000; ending PBO $86,600, the expected return on plan assets, $9,800; and cash deposited with pension trustee ...

  4. Plan Name: THE BUDD COMPANY PENSION PLAN FOR EXECUTIVE AND ADMINISTRATIVE EMPLOYEES : Plan identification number: 009

    • Why Work at The Budd Group?
    • Ben­e­fits
    • Our com­mit­ment to Our Employees

    The Budd Groupstrives to be a God-hon­or­ing com­pa­ny of excel­lence that deliv­ers facil­i­ty-relat­ed solu­tions and prod­ucts to meet our cus­tomers’ needs, offers devel­op­ment oppor­tu­ni­ties for our employ­ees, pro­vides grow­ing val­ue for our share­hold­ers and con­tributes to our communities. We are the region­al leader in jan­i­to­r­i­a...

    The Budd Group val­ues its employ­ees and strives to pro­vide com­pet­i­tive ben­e­fits. There are numer­ous ben­e­fits and a vari­ety of health plans avail­able to you as an employ­ee of The Budd Group. You may be eli­gi­ble to receive:

    The Budd Group is com­mit­ted to build­ing a team of great peo­ple by recruit­ing and hir­ing the most qual­i­fied, ser­vice-focused indi­vid­u­als to take care of our cus­tomers. You, like oth­ers before you, will be con­sid­ered for employ­ment based upon your skills and tal­ents in a non-dis­crim­i­na­to­ry man­ner. The Budd Group val­ues and re...

  5. 4. The Debtor is the sponsor of the Budd-UAW Consolidated Retirement Benefit Plan (the “Union Plan”) and the Budd Company Pension Plan for Executive and Administrative Employees (the “Non-Union Plan” and, together with the Union Plan, the “Budd Pension Plans”). Both Budd Pension Plans are covered by Title IV or ERISA.

  6. Budd currently holds a handful of pension plans for its retired workers, with unfunded liabilities of more than $200 million, court documents show. If the settlement isn't approved, the...

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  2. Develop Your Retirement Path And Your Plan With Merrill Guidance That Truly Supports You. Have A Merrill Advisor Contact You For A Complimentary Financial Consultation. Get Started

    65 EAST STATE STREET, COLUMBUS, OH · Directions · (614) 225-3006
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