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DREHER LEATHER MANUFACTURING CORP DEFINED BENEFIT PENSION PLAN

PBGC Trusteed Plan · Case 17574100

The DREHER LEATHER MANUFACTURING CORP DEFINED BENEFIT PENSION PLAN, a single-employer defined-benefit pension plan sponsored by DREHER, INC. of NEWARK, NJ, was terminated on 1996-06-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1998-02-04. At the date of termination the plan had 53 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
OCEAN LEATHER CORPORATION UNION EMPLOYEES' DEFINED BENEFIT PENSION PLAN1996-06-2859

All plans sponsored by EIN 222822433. 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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