I got this email last month but then just this week I got one that says:

Fast track to President’s Circle: Only 3 rentals!
Hi,
We hope you’ve enjoyed being a President’s Circle member in 2024. We know travel plans can change and, unfortunately, you just missed maintaining your status for 2025.
We want to put you on the fast-track back to President’s Circle status.
All you need to do is complete 3 rentals by June 30th and these exclusive President’s Circle perks can be yours again:

But in my profile it still shows me as PC. Weird huh? Anyone else?

I will say the benefits have been highly devalued, at least for my last rental. The best car in the lot was a Corolla with 45k miles on it.