UFCW Local 152 Retail Meat Pension Plan

This document is about an important notice regarding the funding status of the UFCW Local 152 Retail Meat Pension Plan. It explains that the plan has been certified as being in critical and declining status for the plan year beginning July 1, 2021, and outlines the actions taken by the Board of Trustees to address the funding issues, including contribution rate increases and changes to certain benefits. The document also discusses the impact of the Pension Protection Act of 2006 and the potential for future benefit reductions, as well as the American Rescue Plan Act of 2021 which may provide special funding assistance to the plan.