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TENNESSEE CHEMICAL CO SALARIED EMPLOYEE PENS PLAN

PBGC Trusteed Plan · Case 11988301

The TENNESSEE CHEMICAL CO SALARIED EMPLOYEE PENS PLAN, a single-employer defined-benefit pension plan sponsored by TENNESSEE CHEMICAL COMPANY of COPPERHILL, TN, was terminated on 1990-03-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1991-10-18. At the date of termination the plan had 376 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
TENNESSEE CHEMICAL COMPANY HRLY EMPLOYEE PLAN1990-03-201,056

All plans sponsored by EIN 621129548. 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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