Notice of Critical Status for Asbestos Workers Local No. 53 Pension Plan

This document is about a notice informing participants of the Asbestos Workers Local No. 53 Pension Plan that the plan has been certified in critical status for the 2010 plan year. It explains the reasons for the critical status, the rehabilitation plan adopted by the trustees, the possibility of further benefit reductions, and other relevant information for plan participants, including the employer surcharge requirement.