Local 338 Retirement Plan Notice

This document is about a notice from the Local 338 Retirement Plan informing participants that the plan has been certified as being in critical status for the plan year beginning January 1, 2022. It explains the implications of the critical status, the rehabilitation plan that the plan is required to adopt, and the possibility of reductions in adjustable benefits as part of the rehabilitation plan. The notice also provides information on where to get more details about the plan's status and the rehabilitation plan.