Sheet Metal Workers' Pension Plan Notice

This document is about a notice from the Sheet Metal Workers' Pension Plan of Southern California, Arizona and Nevada informing all plan participants, beneficiaries, and alternate payees that the Board of Trustees has elected to "freeze" the plan's 2008 "Green Zone" status for the 2009 plan year, as allowed under the Worker, Retiree and Employer Recovery Act of 2008 (WRERA). The notice provides background information on the Pension Protection Act of 2006 (PPA) and the zones defined under it, as well as the plan's 2008 and 2009 zone status certifications. It also explains the implications of the "freeze" and what may happen in 2010 if the plan is certified to be in endangered or critical status.