Notice of Endangered Status for the 2020 Plan Year

This document is about the Teamsters Pension Plan of Philadelphia & Vicinity being in endangered status for the 2020 plan year, with a funded percentage of 70.9%. As required by federal law, the plan must adopt a funding improvement plan to improve its financial health, which may include benefit reductions and supplemental contribution increases. The document provides information on the plan's status and where to get more details.