Local 2066 Pension Fund

This document is about informing the participants of the Local 2066 Pension Fund that the plan has been certified to be in critical and declining status for the plan year beginning May 1, 2021. It outlines the implications of this status, including the adoption of a rehabilitation plan, the possibility of benefit reductions, and the suspension of lump-sum payments. The document also provides information about the adjustable benefits that may be affected and the employer surcharge required to help correct the fund's financial situation.