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YAEGER AND KIRK LUMBER CO DEFINED BENEFIT PP

PBGC Trusteed Plan · Case 16646500

The YAEGER AND KIRK LUMBER CO DEFINED BENEFIT PP, a single-employer defined-benefit pension plan sponsored by YAEGER AND KIRK LUMBER CO of SANTA ROSA, CA, was terminated on 1993-11-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-10-20. At the date of termination the plan had 96 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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