Notice of Critical Status for Southwestern Pennsylvania and Western Maryland Area Teamsters Pension Fund

This document is about a notice of critical status for the Southwestern Pennsylvania and Western Maryland Area Teamsters and Employers Pension Fund for the plan year 2015. It explains that the plan is considered to be in critical status due to funding or liquidity problems, and that the trustees have adopted a rehabilitation plan as required by federal law. The notice also outlines the possibility of reductions in adjustable benefits and the requirement for contributing employers to pay a surcharge to help correct the plan's financial situation.