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SAMSONITE FURNITURE HOURLY (LINEAL GROUP)

PBGC Trusteed Plan · Case 17678000

The SAMSONITE FURNITURE HOURLY (LINEAL GROUP), a single-employer defined-benefit pension plan sponsored by LINEAL GROUP, INC. of MURFREESBORO, TN, was terminated on 1995-11-27 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1997-09-15. At the date of termination the plan had 566 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
LINEAL GROUP, INC. RET PLAN1995-11-27467
FT. SMITH TABLE (LINEAL GROUP)1995-11-27155

All plans sponsored by EIN 133346666. 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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