Notice of Critical Status for 2020 for the Bakery Drivers Local 802 Pension Fund

This document is about a notice of critical status for the Bakery Drivers Local 802 Pension Fund in 2020. It explains that the fund is considered to be in critical status due to funding problems, including an accumulated funding deficiency, a greater present value of vested benefits for inactive participants compared to active participants, and a funded deficiency of less than 65%. The document outlines the rehabilitation plan adopted by the fund, the possible reduction in adjustable benefits, and the employer surcharge required to help correct the fund's financial situation. It also provides information on where to get more details about the notice.