This document is about a notice from the Indiana/Kentucky/Ohio Regional Council of Carpenters' Fringe Benefit Funds informing that the Indiana State Council of Carpenters Pension Plan is in endangered status as of April 1, 2019, with a funded percentage of 69.7%. The notice outlines the legal requirements for the plan to adopt a funding improvement plan to restore the financial health of the plan, including potential contribution rate increases and/or benefit reductions if certain assumptions are not met. The document also provides information on where to obtain a copy of the funding improvement plan.
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