Notice of Critical Status for UFCW Local 1 Pension Plan

This document is about a notice from the UFCW Local 1 Pension Plan informing participants that the plan has been certified to be in "critical status" for the plan year beginning January 1, 2021. The notice outlines the plan's critical status, the requirement to adopt a rehabilitation plan, the possibility of benefit reductions, and information on where to get more details. It also covers the employer surcharge that contributing employers must pay to help correct the plan's financial situation.