Graphic Arts Local 62B Industry Pension Plan

This document is about informing members of the Graphic Arts Local 62B Industry Pension Plan that the plan has been certified as being in critical status for the plan year beginning April 1, 2021. It explains that the plan's actuary has determined the plan is projected to have funding deficiencies in the next 2-5 years, and as a result, the trustees may need to adopt a rehabilitation plan that could include reductions to adjustable benefits such as early retirement, disability benefits, and payment options. The document outlines the plan's current status, the rehabilitation plan requirements, and where members can get more information.