Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 5173700
The CORTLAND CONTAINER CORP. HOURLY PENSION 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 an unreported number of 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 |
|---|---|---|
| CORTLAND CONTAINER CORP SALARIED PEN PLAN | 1983-09-01 | 31 |
All plans sponsored by EIN 132843397. Full sponsor profile →
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