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PBGC Trusteed Plan · Case 13414101
The G F FURNITURE SYSTEMS INC PENSION PLAN YOUNGSTOWN, a single-employer defined-benefit pension plan sponsored by GF FURNITURE SYSTEMS INC of YOUNGSTOWN, OH, was terminated on 1991-02-12 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1993-07-15. At the date of termination the plan had 733 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.
| Plan | Terminated | Participants |
|---|---|---|
| G F FURNITURE SYSTEMS INC PENSION PLAN GALLATIN UN | 1991-02-12 | 480 |
All plans sponsored by EIN 341397340. Full sponsor profile →
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