2020 Notice of Critical and Declining Status for Chicago Truck Drivers, Helpers and Warehouse Workers Union (Independent) Pension Plan

This document is about a notice of the critical and declining status of the Chicago Truck Drivers, Helpers and Warehouse Workers Union (Independent) Pension Plan. It explains that the plan is facing funding problems and is projected to have an accumulated funding deficiency, leading to the plan being classified as critical and declining. The document outlines the potential actions the plan trustees may take, including reducing or eliminating certain "adjustable benefits" as part of a rehabilitation plan, as well as the requirement for contributing employers to pay a surcharge to help correct the plan's financial situation. The document provides contact information for the plan's administrator and the right to receive a copy of the rehabilitation plan.