Notice of Endangered Status for the Asbestos Workers Local 42 Pension Fund 2022

This document is about a notice issued by the Asbestos Workers Local 42 Pension Fund informing that the plan is in endangered status due to a funded percentage of less than 80%. It explains the legal definitions of "endangered status" and "funding deficiency", and outlines the funding improvement plan adopted by the Trustees to improve the plan's funded status over a 10-year period as required by federal law. The document provides contact information for getting more information about the notice and the plan.