Notice of Critical Status

This document is about a notice of critical status for the SDC-League Pension Fund for the plan year beginning September 1, 2020. It explains that the fund has been certified as being in critical status, triggering the need for a rehabilitation plan. The notice outlines the potential reductions in "adjustable benefits" that may be part of the rehabilitation plan, and informs participants that the plan is not permitted to pay lump sum benefits while in critical status. The document also discusses employer surcharges and provides contact information for more information.