Notice of Critical Status for Plumbers, Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan

This document is about the Plumbers, Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan. It notifies that the plan is in critical status and has adopted a rehabilitation plan, which includes increases in the hourly contribution rate and benefit reductions such as changes to the early retirement pension calculations, survivor benefits, trade disability pension, and suspension of pension benefits rules. The document provides details on the rehabilitation plan and outlines the adjustable benefits that could be reduced or eliminated.