Notice of Pension Plan Funded Status

This document is about a notice from the Ohio Carpenters' Pension Fund regarding the funded status of their pension plan. The notice explains that the plan was certified as being in the "Green Zone" for the 2008 plan year, but has been certified as "Critical" or "Red Zone" for the 2009 plan year. As allowed under the Worker, Retiree and Employer Recovery Act of 2008 (WRERA), the trustees have elected to "freeze" the plan's 2008 Green Zone status for the 2009 plan year, which means they will not need to adopt a Rehabilitation Plan at this time. The notice outlines the implications of this election and what may happen in the future if the plan is classified as endangered or critical in subsequent years.