Notice of Critical Status for Teamsters Local 115 Pension Plan

This document is about a notice of critical status for the Teamsters Local 115 Pension Plan. The plan is considered to be in critical status due to funding or liquidity issues, and federal law requires the adoption of a rehabilitation plan to restore the plan's financial health. The notice outlines the plan's current status, the adjustable benefits that may be reduced or eliminated, and the employer surcharge required to help correct the plan's financial situation. The document provides information on where to get more details about the plan and the rehabilitation plan.