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VARIG BRAZILIAN AIRLINES PL FOR SALARIED AND CERTAIN NON- REPRESENTED EMPLOYEES

PBGC Trusteed Plan · Case 20546600

The VARIG BRAZILIAN AIRLINES PL FOR SALARIED AND CERTAIN NON- REPRESENTED EMPLOYEES, a single-employer defined-benefit pension plan sponsored by VARIG, S. A. of VALLEY STREAM, NY, was terminated on 2007-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2007-10-02. At the date of termination the plan had 372 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

All plans sponsored by EIN 131661285. 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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