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PBGC Trusteed Plan · Case 7724900
The VAN HUFFEL TUBE CORP SPECIALTY TUBE DIV PEN PLAN, a single-employer defined-benefit pension plan sponsored by VAN HUFFEL NON-BARGAINING EAST DIV of JAMESTOWN, NY, was terminated on 1985-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-01-16. At the date of termination the plan had 177 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 |
|---|---|---|
| VAN HUFFEL TUBE CORP UNITED STEELWORKERS PEN PLAN | 1985-11-30 | 679 |
| VAN HUFFEL TUBE CORP NON BARGAINING PENSION PLAN | 1985-11-30 | 236 |
All plans sponsored by EIN 161133486. Full sponsor profile →
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