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PBGC Trusteed Plan · Case 9939600
The V & O PRESS COMPANY INC RET INC. PLAN UNION EMP, a single-employer defined-benefit pension plan sponsored by V & O PRESS CO INC of HUDSON, NY, was terminated on 1987-02-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-08-10. 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 |
|---|---|---|
| V&O PRESS COMPANY INC RET. INCOME PLAN SALARIED | 1987-12-31 | 28 |
All plans sponsored by EIN 141467838. Full sponsor profile →
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