Notice of Critical Status for the 2020 Phm Year

This document is about a notice informing participants that the Local 1245 Labor-Management Pension Plan has been certified to be in critical status for the 2020 plan year. It outlines the plan's funding issues, the required rehabilitation plan, and the adjustable benefits that may be reduced or eliminated as part of the plan to restore the plan's financial health. The document also provides information on where to get more details about the plan's status and the rehabilitation plan.