Notice of Critical Status for Bricklayers and Allied Craftworkers Local No. 5 of New Jersey Pension Plan

This document is about the critical status of the Bricklayers and Allied Craftworkers Local No. 5 of New Jersey Pension Plan. It informs the U.S. Department of Labor that the plan is in critical status due to funding and liquidity problems, and outlines the required rehabilitation plan, elimination of adjustable benefits, and employer surcharge provisions to help restore the plan's financial health.