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AMERICAN VALVE MFG. CORP MANAGEMENT PENSION PLAN

PBGC Trusteed Plan · Case 10295000

The AMERICAN VALVE MFG. CORP MANAGEMENT PENSION PLAN, a single-employer defined-benefit pension plan sponsored by AMERICAN VALVE MFG CO of COXSACKIE, NY, was terminated on 1987-11-23 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-09-27. At the date of termination the plan had 34 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.

Other plans from the same sponsor

PlanTerminatedParticipants
AMERICAN VALVE MFG CORP LOCAL UNION 4495 PEN PLAN1987-11-23106

All plans sponsored by EIN 141471013. Full sponsor profile →

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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