Notice of Critical and Declining Status for Warehouse Employees Local 169 and Employers Joint Pension Fund

This document is about a notice from the Warehouse Employees Local 169 and Employers Joint Pension Fund informing plan members that the pension plan has been certified as being in critical and declining status. It explains that due to funding and liquidity issues, the plan is projected to become insolvent in 2030. The notice outlines the steps the plan trustees are required to take, including adopting a rehabilitation plan that may involve reducing or eliminating certain "adjustable benefits" and potentially suspending accrued benefits for participants. The document provides details on the plan's current status, the reasons behind it, and the options available to the trustees to improve the plan's financial health.