Notice of Critical and Declining Status for the 2020 Plan Year

This document is about the critical and declining status of the Operative Plasterers and Cement Masons New Orleans Area Pension Plan for the 2020 plan year. It outlines the reasons for the plan's critical status, the actions taken under the rehabilitation plan, and the possible actions the plan may take under the Multiemployer Pension Reform Act of 2014, including benefit suspensions and PBGC partition, to avoid insolvency. The document also provides information on where to get more details about the plan's financial status and corrective actions.