Notice of Critical Status for I.B.E.W. Local No. 223 Pension Plan

This document is about a notice from the I.B.E.W. Local No. 223 Pension Plan informing participants, beneficiaries, unions, and contributing employers that the plan has been certified to be in critical status for the 2022 plan year. The notice outlines the plan's funding problems, the required rehabilitation plan, the possibility of benefit reductions, and the employer surcharge. It also provides information on where to get more details about the plan's status and actions being taken to improve its financial health.