Notice of Critical Status for IBEW Local 150 Pension Fund

This document is about a notice of critical status for the IBEW Local 150 Pension Fund. It informs the recipients that the plan is in critical status as of July 1, 2021, which means it is projected to have an accumulated funding deficiency in the next 9 plan years. The notice outlines the required rehabilitation plan, which may involve reductions in certain adjustable benefits, and the possibility of future experience-based adjustments to the plan. It provides information on where to obtain more details about the rehabilitation plan.