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PBGC Trusteed Plan · Case 19976000
The BUFFALO WEAVING & BELTING CO RET PLAN, a single-employer defined-benefit pension plan sponsored by PHAR-GO LLC DBA BUFFALO WEAVING&BELTIN of BUFFALO, NY, was terminated on 2003-04-16 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-06-21. At the date of termination the plan had 77 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 |
|---|---|---|
| BUFFALO WEAVING & BELTING CO PP | 2003-04-16 | 107 |
All plans sponsored by EIN 161473241. Full sponsor profile →
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