Local Union 1710 IBEW Pension Trust Fund Notice

This document is about a notice from the Local Union 1710 IBEW Pension Trust Fund regarding the plan's funding status for the 2020-21 plan year. The Board of Trustees has made a special election to retain the plan's funding status from the prior year, which means it is neither in endangered nor critical status for the current year. The document also explains that if the plan is certified to be in endangered or critical status for the 2021-22 plan year, steps may be taken to improve the funded situation, such as increasing contributions and reducing future benefit accruals.