Notice of Critical Status for Teamsters Local 11 Pension Plan

This document is about a notice informing Teamsters Local 11 Pension Plan participants that the plan has been certified as being in critical status for the plan year beginning April 1, 2021. It outlines the plan's funding issues, the requirement to adopt a rehabilitation plan, and potential adjustments to "adjustable benefits" that may be made as part of the rehabilitation plan. The document provides information on where to obtain more details and the participant's rights regarding the rehabilitation plan.