Notice of Critical and Declining Status for the Retail Clerks Specialty Stores Pension Fund

This document is about a notice sent to inform participants that the Retail Clerks Specialty Stores Pension Fund has been certified to be in critical and declining status for the plan year beginning January 1, 2020. It provides details on the plan's funding status, employer surcharges, the rehabilitation plan, and adjustable benefits that may be reduced or eliminated as part of the plan's efforts to restore its financial health.