Notice of Critical Status for the Southern California United Food & Commercial Workers Unions and Drug Employers Pension Fund

This document is about a notice sent to all participants, beneficiaries, participating unions, and contributing employers of the Southern California United Food & Commercial Workers Unions and Drug Employers Pension Fund. The notice informs them that the plan is in critical status for the plan year beginning January 1, 2020, and that the Pension Protection Act of 2006 requires the plan to adopt a rehabilitation plan to restore its financial health, which may involve reductions to certain adjustable benefits. The document outlines the critical status, the rehabilitation plan, and the adjustable benefits that may be affected, as well as providing information on where to get more details.