Notice of Critical and Declining Status

This document is about the Building Material Drivers Union Local 436 Pension Fund being in critical and declining status, which means the plan is projected to become insolvent within 20 years. The notice explains the plan's critical status, the required rehabilitation plan, the reduction or elimination of adjustable benefits, the employer surcharge, and provides information on where to get more details about the plan's status and the steps being taken to address the financial issues.