Notice of Plan Status

This document is about a notice from the Boilermaker-Blacksmith National Pension Trust regarding the plan's status. It states that the plan has been classified as being in the "Red Zone" or "critical" status under the Pension Protection Act, and as a result, the trustees have adopted a Rehabilitation Plan that will modify certain adjustable benefits for non-retired participants effective October 1, 2017. The notice also explains the employer surcharge requirement and provides information on what plan participants can expect going forward.