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TENNESSEE TEXTILE INC RETIREMENT PLAN FOR HOURLY

PBGC Trusteed Plan · Case 12936601

The TENNESSEE TEXTILE INC RETIREMENT PLAN FOR HOURLY, a single-employer defined-benefit pension plan sponsored by TENNESSEE TEXTILES INC of JACKSON, TN, was terminated on 1990-05-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-08-27. At the date of termination the plan had 587 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

All plans sponsored by EIN 621086563. 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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