Notice of Funded Status of the Pension Plan

This document is about providing notice to participants, beneficiaries, contributing employers, and local unions about the funded status of the Cement Masons Pension Trust Fund for Northern California. The document outlines the plan's zone status classification under the Internal Revenue Code, the actions the trustees may be required to take based on the plan's funded status, and the option to "freeze" the plan's 2008 zone status for one more year due to the economic crisis. The document also assures that the trustees are working to strengthen the plan's funded position and provides contact information for more information.