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PBGC Trusteed Plan · Case 21939300
The YELLOW CAB MANAGEMENT INC. HOURLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by YELLOW CAB MANAGEMENT, INC. of SHELTON, CT, was terminated on 2011-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2012-04-27. At the date of termination the plan had 97 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 |
|---|---|---|
| YELLOW CAB MANAGEMENT INC. PENSION PLAN FOR CAB & TAXI COMPANIES | 2005-03-22 | 811 |
All plans sponsored by EIN 61502815. Full sponsor profile →
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