2021 Notice of Critical and Declining Status Local 917 Pension Plan

This document is about a notice from the Local 917 Pension Fund informing plan participants that the fund has been certified as being in critical and declining status. The notice outlines the reasons for this status, the implications for the pension plan, including the possibility of benefit reductions, and provides information on where to get more details. The document explains the rehabilitation plan required by federal law, the employer surcharge, and the adjustable benefits that may be reduced or eliminated as part of the plan.