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FOR IMMEDIATE RELEASE

August 05, 2004

Casandra Smith
Public Affairs, 202-326-4040

PBGC Will Meet With Participants in Fleming Co. Pension Plans

WASHINGTON — Pension Benefit Guaranty Corporation (PBGC) representatives will meet with former workers and retirees covered by the Fleming Companies Inc. Pension Plan to explain the federal pension program and answer questions.

PBGC took over the plan on February 12, 2004, and continued uninterrupted payment of benefits to retirees. The plan covers over 17,000 workers and retirees and is underfunded by $374 million. PBGC uses its assets to make up the shortfall and guarantees to pay benefits as promised by the plan up to the maximum allowed by law.

The meetings will be held as follows:

Location

Date

Times

Type

Hilton Memphis
939 Ridge Lake Blvd.
Memphis, TN 38120
(901) 762-7401

8/10/04

10 - 11 AM
6:30 - 7:30 PM

General Session
General Session

DoubleTree Hotel
315 4th Avenue North
Nashville, TN 37219
(615) 244-8200

8/12/04

10 - 11 AM
6:30 - 7:30 PM

General Session
General Session

Hilton Northwest
2945 N.W. Expressway
Oklahoma City, OK 73112
(405) 848-4811

8/17/04

10 - 11 AM
6:30 - 7:30 PM

General Session
General Session

DoubleTree Hotel
(Near the Galleria)
4099 Valley View Lane
Dallas, TX 75057
(972) 419-7649

8/19/04

10 - 11 AM
6:30 - 7:30 PM

General Session
General Session

At the meetings, PBGC will copy and certify any proof documents (birth, death, and marriage certificates, etc.) for those participants who have not yet retired. Anyone with questions should contact PBGC's Customer Contact Center at 1-800-400-7242. For hearing-impaired TTY/TDD users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 800-400-7242. If you plan to attend the meeting and require an interpreter, please call the Customer Contact Center at the number above.

PBGC is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 31,000 private-sector defined benefit pension plans. The agency receives no funds from general tax revenues. Operations are financed largely by insurance premiums paid by companies that sponsor pension plans and investment returns.

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PBGC No. 04-61