Notice of Critical Status for the Southwest Marine Pension Plan

This document is about a notice from the Southwest Marine Pension and Welfare Trust Funds informing all participants, beneficiaries, unions, and employers that the Southwest Marine Pension Plan has been certified as being in critical status for the plan year beginning January 1, 2017. The notice outlines the reasons for the critical status, the required rehabilitation plan, and potential adjustments to certain benefits as part of the plan to restore the plan's financial health.