2020 Notice of Critical and Declining Status

This document is about the Cement Masons Local No. 524 Pension Plan's notice to its participants regarding the plan's critical and declining status in 2020. It outlines the plan's projected insolvency, the rehabilitation plan measures being taken, and the possibility of future benefit adjustments or suspensions to avoid insolvency, as allowed under federal law. The document provides details on the conditions and restrictions around any potential benefit suspensions.