Notice of Plan Status

This document is about a notice from the U.A. Locals 63 And 353 Joint Pension Trust regarding the plan's status under the Pension Protection Act. The plan has been certified as seriously endangered (yellow zone) for the plan year beginning May 1, 2020, with a funded percentage of 72.7%. The trustees have adopted a Funding Improvement Plan to restore the plan's financial health, and participants are informed about the plan's status and where to get more information.