Notice of Critical Status for Local 805 Pension and Retirement Plan

This document is about a notice of critical status for the Local 805 Pension and Retirement Plan. The plan is in critical and declining status, which requires the adoption of a rehabilitation plan to restore the plan's financial health. The plan has implemented a suspension of accrued benefits, with certain protections for participants, as part of this rehabilitation plan. The document also outlines the employer surcharge requirements and provides information on where to obtain more details about the plan's status and actions being taken.