Notice of Election to Freeze the Fund's Funding Status

This document is about a notice from the Local 888 Pension Fund informing that the fund has elected to treat itself as being neither in endangered nor critical status for the 2009 plan year, as allowed under the Worker Retiree Employer and Recovery Act of 2008. The notice explains that this election applies only to the 2009 plan year, and if the fund is certified to be in endangered or critical status for the next plan year, the board of trustees will provide a notice of the fund's status and steps that may need to be taken to improve the funded situation.