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PBGC Trusteed Plan · Case 21503000
The CHICAGO SUN-TIMES OFFICE EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by CHICAGO SUN-TIMES INC. of TINLEY PARK, IL, was terminated on 2009-10-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2010-08-04. At the date of termination the plan had 768 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 |
|---|---|---|
| CHICAGO SUN-TIMES GUILD EMPLOYEES PENSION PLAN | 2009-10-08 | 423 |
| 1986 CHICAGO SUN-TIMES PENSION PLAN | 2009-10-08 | 62 |
All plans sponsored by EIN 363447749. Full sponsor profile →
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