Notice of Endangered Plan Status

This document is about a notice from the Painters Union Pension Plan informing the U.S. Department of Labor that the plan is considered to be in endangered status for the plan year June 1, 2019 through May 31, 2020, as required by federal law. It explains the plan's funding level is below 80% and outlines the funding improvement plan that has been adopted to restore the plan's financial health, while ensuring no reduction in benefits already earned by retirees and beneficiaries.