United Brotherhood of Carpenters & Joiners of America Local Union No. 948 Retirement Plan

This document is about a notice from the Board of Trustees of the Carpenters Local Union No. 948 Pension Fund regarding the funded status and zone classification of their pension plan. It explains that the plan has been certified as being in endangered ("Yellow Zone") status for the 2009 plan year, but the trustees have elected to keep the plan's 2008 "Green Zone" status for the 2009-2010 plan year to allow more time to address the funding issues. The document also outlines the actions the trustees may need to take in the future if the plan remains in endangered or critical status.