SPOKANE, Wash. (AP) - The government assumed control of a Kaiser Aluminum pension plan covering about 2,900 former employees of the nation's third-largest aluminum producer.
The federal Pension Benefit Guaranty Corp. said most of the people covered by the plan are retired steelworkers who were employed at now-shuttered Kaiser plants."
"Kaiser filed for bankruptcy protection under Chapter 11 of the federal code in early 2002."
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