Retirement Plan mails Annual Funding Notice

4/5/2011 6:09:28 PM

Summary ... In late March, the AFTRA Retirement Plan mailed to participants its Annual Funding Notice for the most recent Plan Year.

Full story ... Under the Pension Protection Act of 2006 (PPA), all multiemployer plans are required to send participants an Annual Funding Notice, which describes plans' funded status.  The AFTRA Retirement Plan’s most recent notice reports that for the most recent Plan Year (Dec. 1, 2009 - Nov. 30, 2010), the Plan’s funded status continues to remain in the “Green Zone,” which is considered “healthy,” based upon criteria established by the PPA.
 
It is important to note that this notice does not affect participants’ benefits under the Plan, and no action on the part of participants is required. The notice is provided for informational purposes only.

To view the Retirement Plan’s current Annual Funding Notice as well as the notice mailed the previous year, visit the Legal notices page.