The PBGC took over the underfunded defined benefit plan of Anchor...

The PBGC took over the underfunded defined benefit plan of Anchor Glass Container Corp., Tampa, Fla., on Aug. 31. Anchor has assets of $336 million and benefit liabilities of $555 million, according to the PBGC. The nation’s third-largest maker of glass beverage containers filed in April for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Dan Bishop, director of retirement benefits at Anchor, said in a statement that since the PBGC assumed responsibility for the plan, "we will no longer be able to answer questions on the pension plan.”