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

This document is about a notice of critical status for the Bricklayers and Allied Craftworkers Local No. 5 of New Jersey Pension Fund. It informs the recipient that the plan is in critical status due to funding or liquidity problems, and that a rehabilitation plan will be adopted to restore the plan's financial health. The notice also outlines the possibility of reductions in adjustable benefits, such as subsidized early retirement and 120-month guaranteed benefits, as part of the rehabilitation plan. The document provides contact information for further information and the right to receive a copy of the rehabilitation plan.