Notice of Critical Status for Teamsters Local Union No. 211 Pension Plan

This document is about a legally required notice from the Teamsters Local Union No. 211 Pension Plan regarding its current critical funding status. It explains that the plan has reached a certain funding level based on actuarial calculations, which triggers the "critical" status designation. The notice outlines that benefits already earned cannot be reduced, but future accruals or "adjustable benefits" may be reduced as part of a rehabilitation plan. The document also discusses employer contribution surcharges and where to get more information about the plan's funding situation.