Notice of Critical Status for Bricklayers and Allied Craftworkers Local No. 5 of New Jersey Pension Fund

This document is about a notice of critical status for the Bricklayers and Allied Craftworkers Local No. 5 of New Jersey Pension Fund. The plan is considered to be in critical status due to funding and liquidity problems, and the trustees are required to adopt a rehabilitation plan to restore the financial health of the plan. The notice outlines the potential reduction or elimination of adjustable benefits, the employer surcharge, and where to get more information about the rehabilitation plan.