Notice of Critical and Declining Status

This document is about a notice informing that the International Brotherhood of Electrical Workers Eastern States Pension Plan is in critical and declining status, meaning it is projected to become insolvent by 2031. The plan has adopted a rehabilitation plan that may involve reducing or eliminating certain "adjustable benefits" for participants. The document outlines the critical status, the rehabilitation plan, the adjustable benefits, and how to obtain more information about the plan's status.