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PBGC Trusteed Plan · Case 24784400
The UNION EMPLOYEES' PENSION PLAN OF MOHAWK FINE PAPERS INC., a single-employer defined-benefit pension plan sponsored by MOHAWK FINE PAPERS INC. of COHOES, NY, was terminated on 2024-02-29 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2024-11-18. At the date of termination the plan had 269 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 |
|---|---|---|
| MOHAWK FINE PAPERS INC. NON-UNION RETIREMENT INCOME PLAN | 2024-02-29 | 250 |
All plans sponsored by EIN 146075575. Full sponsor profile →
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