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PBGC Trusteed Plan · Case 3699200
The FORMED TUBES, INC. HOURLY RATED EES PENS PLAN, a single-employer defined-benefit pension plan sponsored by FORMED TUBES INC of DETROIT, MI, was terminated on 1981-10-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-06-06. At the date of termination the plan had 72 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 |
|---|---|---|
| FORMED TUBES INC HALEYVILLE PLANT MFG EES PENS PL | 1981-10-26 | 213 |
All plans sponsored by EIN 382052927. Full sponsor profile →
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