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PBGC Trusteed Plan · Case 20150800
The LIBERTY FIBERS CORPORATION HOURLY EMPLOYEES' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by LIBERTY FIBERS CORPORATION of Lowland, TN, was terminated on 2004-06-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-02-04. At the date of termination the plan had 441 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 |
|---|---|---|
| LIBERTY FIBERS CORPORATION SALARIED EMPLOYEES' PENSION PLAN | 2004-06-15 | 133 |
All plans sponsored by EIN 561786227. Full sponsor profile →
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