I.B.E.W. Local 688 Pension Plan 2019 Notice of Endangered Status

This document is about the 2019 Notice of Endangered Status for the I.B.E.W. Local 688 Pension Plan. It explains that the plan is considered to be in endangered status as defined by the Pension Protection Act of 2006, as the plan's funding level is less than 80%. The document outlines the funding improvement plan adopted by the plan's Board of Trustees, which includes scheduled increases in the hourly contribution rate, and provides information on where to get more details about the plan's status and funding improvement efforts.