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CORNWALL PRESS INC PENSION PLAN UNION 213

PBGC Trusteed Plan · Case 3786700

The CORNWALL PRESS INC PENSION PLAN UNION 213, a single-employer defined-benefit pension plan sponsored by CORNWALL PRESS, INC of CORNWALL, NY, was terminated on 1981-10-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-01-03. At the date of termination the plan had 37 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.

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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