WRERA Special Notice for Northern Nevada Laborers Pension Trust Fund

This document is about a special notice from the Northern Nevada Laborers Pension Trust Fund regarding their election to freeze the plan's funding status for the 2009-2010 plan year. The notice explains the Pension Protection Act of 2006 (PPA) and how it establishes new terms to describe the funding status of multiemployer pension plans. The plan was previously in "neither endangered nor critical" status, but was certified as "endangered" for the 2009-2010 plan year. Under the Worker, Retiree and Employer Recovery Act of 2008 (WRERA), the plan has elected to freeze its funding status, allowing it to operate as if its status did not change from the previous year.