Notice of Funded Status of Pension Plan

This document is about the New England Carpenters Benefit Funds notifying plan participants about the funded status of the New England Carpenters Pension Fund. The plan was certified as being in the green zone (neither endangered nor critical) for the 2008 plan year, and the trustees have elected to continue that status for the 2009 plan year under the Worker, Retiree and Employer Recovery Act. The notice explains the different funding zones and the actions required for plans in the yellow or red zones, and that the plan's status may change in the future based on factors beyond the trustees' control.