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TIOGA TEXTILE ASSOCIATES INC EMPLS. PENSION PLAN

PBGC Trusteed Plan · Case 1000000

The TIOGA TEXTILE ASSOCIATES INC EMPLS. PENSION PLAN, a single-employer defined-benefit pension plan sponsored by TIOGA TEXTILE ASSOCIATES of NEW YORK, NY, was terminated on 1974-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1976-09-29. At the date of termination the plan had 15 participants — current and former employees with vested retirement benefits.

When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.

References

1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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