Plumbers Pension Plan Notice

This document is about a notice of critical status for the Plumbers, Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan in 2021. It explains that the plan is in critical status, requiring the adoption of a rehabilitation plan to improve the plan's funded percentage. The notice outlines the changes made to the plan, including reductions in certain benefits and increases in the hourly contribution rate, in an effort to improve the plan's funding situation.