Notice of Critical Status for Joint Board 18 Pension Fund

This document is about informing the recipients that the Joint Board 18 Pension Fund has been certified as being in critical status by the plan's actuary. It outlines the implications of this status, including the requirement to adopt a rehabilitation plan, the possibility of reducing adjustable benefits, and the prohibition on paying lump sum benefits. The document also provides details on the employer surcharge and where to obtain more information about the plan's status and rehabilitation efforts.