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PBGC Trusteed Plan · Case 3012400
The TENNA CORP PENSION PLAN FOR SALARIED EMPLOYEES, a single-employer defined-benefit pension plan sponsored by TENNA CORP of CLEVELAND, OH, was terminated on 1980-09-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1982-01-06. At the date of termination the plan had 55 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 |
|---|---|---|
| TENNA CORP PENSION PLAN FOR HOURLY EMPLOYEES | 1980-09-10 | 146 |
All plans sponsored by EIN 340804866. Full sponsor profile →
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