According to an article from The Points Guy-- Chase has announced the new changes for the Ritz Visa Card this August. Most all of the current benefits will remain with the exception of earning a 10% bonus on Rewards Points. The Ritz Visa Card will now have an increase to its earning point structure (6x hotel, 3x restaurant/travel, & 2x all other) and an annual free night each year (50k points).
The existing benefits of Club Level Upgrades (3 per year), Global Entry Credit, and the unlimited $100 Visa Infinite Air Discount remains. The article doesn't mention it but I would assume the Priority Club Lounge Membership perk will also remain in tact.