Notice of Status under the Pension Protection Act

This document is about a notice from the Pipefitters Local 636 Fringe Benefit Funds regarding the status of their defined benefit pension fund under the Pension Protection Act. It informs plan participants and bargaining parties that the plan has been certified as being in endangered (yellow) status as of January 1, 2020, with a funded percentage of 70.1%. As a result, the plan is required to adopt a Funding Improvement Plan to help it meet certain funding benchmarks required by the law. The document provides details on the plan's funding status and the actions being taken in response.