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Weyco Group, Inc. announced on June 22, 2026, that its Board of Directors authorized the termination of the Weyco…
WEYSWeyco Group Inc
Weyco Group, Inc. announced on June 22, 2026, that its Board of Directors authorized the termination of the Weyco Group, Inc. Pension Plan and the associated Pension Trust, effective August 31, 2026. The termination is subject to Pension Benefit Guaranty Corporation review. The plan is currently overfunded as of December 31, 2025, and the company does not expect to make additional cash contributions. Approximately 400 participants will be impacted, though their earned benefits will remain unchanged. Weyco Group, Inc. is a manufacturer of footwear.