Notice of Critical and Declining Status

This document is about notifying the participants of the Local 1814 Riggers Pension Fund that the plan has been certified as being in critical and declining status. It explains the implications of this status, including the potential reduction of adjustable benefits, the inability to pay lump sum benefits, and the plan's inability to reasonably emerge from critical status within the 10-year rehabilitation period. The document provides information on where to get more details about the plan's status and the rehabilitation plan.