Notice of Critical Status for Automobile Mechanics' Local #701 Union and Industry Pension Fund

This document is about a notice from the Automobile Mechanics' Local 701 Union and Industry Pension Fund informing members that the plan is in critical status, which means it has funding or liquidity problems. The notice outlines the plan's critical status, the requirements for a rehabilitation plan, the possibility of benefit reductions, and details on the employer surcharge. It provides information on where to get more details about the plan's status and the rehabilitation plan once it is adopted.