Notice of Critical Status for Sheet Metal Workers' Local No. 40 Pension Plan

This document is about the Notice of Critical Status for the Sheet Metal Workers' Local No. 40 Pension Plan. It informs participants that the plan is in critical status, which requires the adoption of a rehabilitation plan to restore the plan's financial health. The notice provides details on the plan's funding status, the rehabilitation plan and its impact on adjustable benefits, as well as the employer surcharge required to help correct the plan's financial situation. It also explains the next steps and where to get more information.