Notice of Funded Status of Pension Plan

This document is about the funding status of the Cleveland Soft Drink Pension Plan. It provides background on the legal requirements for multiemployer pension plans to be certified as "Green Zone", "Yellow Zone", or "Red Zone" based on their funded status. The document states that for the 2009 plan year, the Cleveland Soft Drink Pension Plan has been certified as being in critical status ("Red Zone"), but the trustees have elected to keep the plan's 2008 "Green Zone" status for the 2009 plan year. It outlines the potential consequences if the plan is certified as being in endangered or critical status in the future, and assures plan participants that the trustees are working to strengthen the plan's funded position.