Notice of Critical and Declining Status

This document is about a notice informing the participants of the Roofers and Slaters Local 248 Pension Plan that the plan has been certified to be in "critical and declining status" for the plan year beginning June 1, 2021. The notice outlines the plan's funding and liquidity problems, the rehabilitation plan adopted by the Trustees, and the potential for further benefit reductions, including the suspension of accrued benefits, under the Multiemployer Pension Reform Act of 2014. The document provides details on where to obtain more information about the plan's status and the impact on participants' benefits.