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BECHTEL v. PENSION BEN. GUAR. CORP.

Civ. A. No. 83-0121.

624 F.Supp. 590 (1984)

Walter I. BECHTEL, Plaintiff, v. PENSION BENEFIT GUARANTY CORPORATION, Defendant.

United States District Court, D. Columbia.

July 10, 1984.

Attorney(s) appearing for the Case

Jeffrey L. Gibbs, Washington, D.C., for plaintiff.

Renae R. Hubbard, Office of the General Counsel, Pension Ben. Guar. Corp., Washington, D.C., for defendant.

MEMORANDUM

GASCH, District Judge.

This case presents the question of whether payments in excess of statutorily guaranteed benefits made by the Pension Benefit Guaranty Corporation (PBGC) to participants in terminated employee pension plans constitute overpayments that can be recouped by the PBGC. The payments here in question were made in the interim between the termination of the inadequately funded pension plan for employees of the bankrupt Alan Wood Steel...

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