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CORTLAND CONTAINER CORP SALARIED PEN PLAN

PBGC Trusteed Plan · Case 5173600

The CORTLAND CONTAINER CORP SALARIED PEN PLAN, a single-employer defined-benefit pension plan sponsored by CORTLAND CONTAINER CORP of TARRYTOWN, NY, was terminated on 1983-09-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1984-04-23. At the date of termination the plan had 31 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
CORTLAND CONTAINER CORP. HOURLY PENSION PLAN1983-09-01—

All plans sponsored by EIN 132843397. 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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