Notice of Critical and Declining Status for Teamsters Local641 Pension Plan

This document is about the notice of critical and declining status for the Teamsters Local 641 Pension Plan. It informs the plan participants that the plan is in critical and declining status and that the plan is expected to become insolvent and require financial assistance from the PBGC by the year 2021. The document also provides information about the rehabilitation plan, adjustable benefits, and employer surcharge.