Notice of Critical Status

This document is about the Local 888 Pension Fund's notification of critical status, as required by federal law. It explains that the fund has funding or liquidity problems, and that a rehabilitation plan may be adopted to restore the fund's financial health, which could include reductions in "adjustable benefits" such as post-retirement death benefits, disability benefits, and early retirement subsidies. The document also outlines the employer surcharge requirement and provides information on where to get more details.