Notice of Endangered Status

This document is about notifying participants, beneficiaries, and employers that the Operating Engineers Pension Plan has been certified as being in endangered status (the "Yellow Zone") for the plan year beginning July 1, 2018. It provides background on the Pension Protection Act and Multiemployer Pension Reform Act, and explains that the trustees have adopted a Funding Improvement Plan to continue restoring the plan's financial health. The document assures that improving the plan's funded status is the top priority and that participants will continue to receive annual notices regarding the plan's funded status until it is no longer in critical or endangered status.