Notice of Critical Status

This document is about a notice from the Soft Drink and Brewery Workers Union, Local 812 Retirement Fund informing the participants, beneficiaries, contributing employers, and union representatives that the fund has been certified as being in critical status for the plan year beginning July 1, 2021. It explains the steps the fund must take under the Pension Protection Act, including adopting a rehabilitation plan, reducing adjustable benefits, and imposing employer surcharges, in order to improve the fund's financial health.