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KORVETTES PENSION PLAN INC

PBGC Trusteed Plan · Case 3289500

The KORVETTES PENSION PLAN INC, a single-employer defined-benefit pension plan sponsored by KORVETTES INC of NEW YORK, NY, was terminated on 1981-01-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-05-29. At the date of termination the plan had 543 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

PlanTerminatedParticipants
KORVETTES RETIREMENT PLAN INC1981-01-151,620

All plans sponsored by EIN 132806518. 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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