“retired but active” - 1199seiubenefits.org · shakespeare nuestra participación ayuda a...

− 1199SEIU RMD President’s Message

Page 3 − 1199SEIU Benefit & Pension Funds Executive Director’s Message

Page 4 − NYC Calendar of Events

Page 5 − Out of State Retiree Chapters

1199SEIU Retired Members Division

BULLETIN330 West 42nd St. New York, NY 10036 (646) 473-8761 www.1199nbf.org FEBRUARY/MARCH 2007

What’s Cooking

“Retired But Active”

Additional images can be found on page 11

Page 6 − Artículos Principales Traducidos

Page 7 − Activist Page–1199SEIU President’s Message

Page 8 − Summary Annual Reports

0 − Annual Funding Notice/Additional 2006 Holiday Party Images

Page 12 − Upcoming Events/Trips

2 FEBRUARY/MARCH 2007 QUESTIONS? CALL: (646) 473-8761 • OUTSIDE NYC: (800) 575-7771

Dear Sisters and Brothers,

With 2007 underway, we want to invite each of you to become more involved in our Retired Members Division. There is a lot of work ahead of us, and we all need to stay involved.

With more than a dozen chapters in the New York metropolitan area, the Carolinas and Florida, we have much to offer. Our chapters are a way of staying connected to our Union and our Funds. Our participation helps to keep our Funds strong to serve and protect us in what are, hopefully, long and healthy retirement years.

There’s another important way that you can stay involved, too. Elections for officers of our Retired Members Division are coming up soon. I encourage you all to vote and make your voice heard. We’ll be listing the candidates in the next edition of the Retired Members Bulletin.

As 1199SEIU retirees, we have a responsibility to stay active for each other and for our working brothers and sisters. I look forward to working together with all of you!

In Solidarity,John Perkins

Queridos Hermanas y Hermanos,

Con el año 2007 ya en marcha, queremos invitar a cada uno de ustedes a participar en nuestra División de Miembros Jubilados. Hay mucho trabajo por delante y todos necesitamos mantenernos involucrados.

Con más de una docena de agrupaciones en el área metropolitana de Nueva York, las Carolinas y la Florida, tenemos mucho que ofrecer. Nuestras agrupaciones representan una forma de mantenerse conectados a nuestro Sindicato y a nuestros Fondos. Nuestra participación ayuda a conservar a nuestros Fondos fuertes para servir y protegernos en lo que esperamos que sean unos años de jubilación prolongados y saludables.

También hay otra forma importante en que puede mantenerse involucrado. Se avecinan pronto las elecciones para elegir a los funcionarios de la División de Miembros Jubilados. Les animo a que todos voten y hagan que sus opiniones sean escuchadas. Estaremos incluyendo las listas de candidatos en el próximo ejemplar del Boletín para Miembros Jubilados.

Como jubilados de 1199SEIU tenemos la responsabilidad de mantenernos activos para todos nosotros y para nuestros hermanos y hermanas trabajadores. ¡Espero tener la oportunidad de trabajar junto con todos ustedes!

En Solidaridad,John Perkins

1199SEIU RMD President’s MessageMensaje Del Presidente

John Perkins

Movie Series − 12:45 PM

Wednesday, March 7, 2007“Great Expectations” (1948)

Wednesday, March 28, 2007“A Tale of Two Cities” (1935)

1199SEIU RMD330 West 42nd Street, 9th Floor

For more information contact the RMD Main Office at (646) 473-8756.

ShakespeareLiterature Class12:30 PM

Tuesday, March 6,13, 20, & 27 2007“King Lear”1199SEIU RMD330 West 42nd Street, 9th Floor

Friday, March 16, 200711:00 am to 2:00 pmFirst come, first served1199SEIU RMD330 West 42nd Street, 9th Floor

Vision/Hearing Screening

ATTENTIONNew York City LPNs

Retired LPN MeetingFriday, March 23, 2007

10:00 AM330 West 42nd St., 9th floor

Learn To Dance With Other 1199SEIU RETIREESAre you interested in learning ballroom or line dancing? Please let us know by calling us at (646) 473-8761 or stopping by the Retired Members Division headquarters at 330 West 42nd Street, 9th floor.

QUESTIONS? CALL: (646) 473-8761 • OUTSIDE NYC: (800) 575-7771 3 FEBRUARY/MARCH 2007

DEARDEAR RREETTIREIREDD MMEEMBMBER,ER,

We were happy to see so many of We were happy to see so many of you—the largest turnout ever—at ouryou—the largest turnout ever—at ourannual Holiday Banquet in December. annual Holiday Banquet in December. And already, many more of you are And already, many more of you are participating in the activities of the participating in the activities of the Retired Members Division in 2007.Retired Members Division in 2007.

At your Benefit and Pension Funds, At your Benefit and Pension Funds, we are here to make your retirement we are here to make your retirement easier. If you have any questionseasier. If you have any questionsabout your pension or health benefits,about your pension or health benefits,please don’t hesitate to call us. please don’t hesitate to call us.

If you have questions about yourIf you have questions about yourpension, the number to call is (646) pension, the number to call is (646) 473-8666; for questions about your473-8666; for questions about yourhealth benefits, please call (646)health benefits, please call (646)473-8770.473-8770.

For those of you in the New York For those of you in the New York metropolitan region, the 9th floor of metropolitan region, the 9th floor of our headquarters building at 330 W. our headquarters building at 330 W. 42nd Street is your Retired Members42nd Street is your Retired MembersDivision office, with loads of space forDivision office, with loads of space forclasses, lectures, and social activities. classes, lectures, and social activities. We’d love to have you drop by if you We’d love to have you drop by if you haven’t already.haven’t already.

Besides the many services and Besides the many services and activities listed in this Bulletin, we are activities listed in this Bulletin, we are always open to adding others, if therealways open to adding others, if thereis a demand and an ability to meet it. is a demand and an ability to meet it. So please don’t hesitate to make yourSo please don’t hesitate to make yoursuggestions and requests.suggestions and requests.

We hope to see you soon!We hope to see you soon!

Sincerely,Sincerely,

QUERIQUERIDODO MIEMIEMBMBRROORRRR JU JUBBIILLAADODO,,OOEstuvimos muy contentos de ver a tantos Estuvimos muy contentos de ver a tantos de ustedes en nuestro Banquete anual porde ustedes en nuestro Banquete anual porlas Fiestas del mes de diciembre, en lo quelas Fiestas del mes de diciembre, en lo queconsistió en la reunión más grande jamásconsistió en la reunión más grande jamásllevada a cabo. Y desde ya un número llevada a cabo. Y desde ya un número mucho mayor de ustedes están participando mucho mayor de ustedes están participando en las actividades de la División de en las actividades de la División de Miembros Jubilados en el año 2007.Miembros Jubilados en el año 2007.

Estamos a su disposición en sus Fondos deEstamos a su disposición en sus Fondos dePensiones y Beneficios para hacer que su Pensiones y Beneficios para hacer que su jubilación sea más fácil. Si tiene alguna jubilación sea más fácil. Si tiene alguna pregunta sobre su pensión o sus beneficiospregunta sobre su pensión o sus beneficiosde salud, no dude en llamarnos.de salud, no dude en llamarnos.

Si tiene preguntas sobre su pensión, el Si tiene preguntas sobre su pensión, el número a llamar es el (646) 473-8666;número a llamar es el (646) 473-8666;para las preguntas sobre sus beneficios depara las preguntas sobre sus beneficios desalud, sírvase llamar al (646) 473-8770.salud, sírvase llamar al (646) 473-8770.

Para aquellos de ustedes que viven en elPara aquellos de ustedes que viven en elárea metropolitana de Nueva York, enárea metropolitana de Nueva York, enel noveno piso del local de nuestra sedeel noveno piso del local de nuestra sedeubicado en 330 W. 42nd Street estánubicado en 330 W. 42nd Street estánlas oficinas de su División de Miembroslas oficinas de su División de MiembrosJubilados y se cuenta con mucho espacio Jubilados y se cuenta con mucho espacio para clases, conferencias y actividades para clases, conferencias y actividades sociales. Nos encantaría que nos visite sisociales. Nos encantaría que nos visite sino lo ha hecho aún.no lo ha hecho aún.

Además de los muchos servicios y Además de los muchos servicios y actividades que se indican en este Boletín,actividades que se indican en este Boletín,siempre estamos dispuestos a agregar otros,siempre estamos dispuestos a agregar otros,si existe la demanda y una capacidad de si existe la demanda y una capacidad de satisfacerla. Por ello no debe dudar en satisfacerla. Por ello no debe dudar en aportar sus sugerencias y formular sus aportar sus sugerencias y formular sus pedidos.pedidos.

¡Esperamos verlos pronto!¡Esperamos verlos pronto!

Sinceramente,Sinceramente,

A Message fromUn Mensaje de Mitra BehrooziExecutive Director of the 1199SEIU Benefit and Pension FundsLa Directora Ejecutiva del Fondo de Beneficios y Pensiones de 1199SEIU

At 93, Minnie Battle has attended more Holiday Banquets than most of our retirees. This year was no exception. Minnie, an 1199 member since 1939, retired from Beth Israel in 1979 and continues to attend Retired Members Division events each year to see old friends and greet new ones.

“Accolades for the massive undertaking and accomplishment—a superb 1199SEIU Annual Anne Shore Retired Members Division Holiday Party. From transportation and seating arrangements to food, service and tote gifts, it was an exceptional get-together of Holiday spirit and good will. On behalf of my co-chairpersons—Harriet Levy, Herb Schwartz, Bernie White—and myself, we, the 1199SEIU retirees of the Eleanor Tilson New Hyde Park chapter, wish to say “thank you” for an extraordinary job well done.”

Appreciatively,Charlotte RubensteinCo-ChairpersonEleanor Tilson New Hyde Park Chapter


NYC MARCH CALENDAR & CHAPTER MEETINGS All classes are open to retirees and free of charge

NEW HYDE PARKELEANOR TILSON CHAPTERL.I.J. Schneider Children’s Hospital Cafeteria Room B & C269-01 76th Ave.Tuesday, March 20, 20071:30 PM - 3:30 PM

QUEENS - ST. ALBANS CHAPTERGuy Brewer Democratic Club197-01 Linden Blvd.Tuesday, March 27, 200711:30 AM - 1:30 PM

NASSAU - MILTON KONOWE CHAPTER1199SEIU Uniondale Office50 Charles Lindbergh Ave., Suite #602Wednesday, March 21, 200711:00 AM - 1:00 PM

NORTH BRONXBERNARD MINTER CHAPTERAging in America1500 Pelham Pkwy.Tuesday, March 13, 20071:00 PM - 3:00 PM

BRONX - JOSEPH JAMES CHAPTER1199SEIU Healthcare & Education Center2501 Grand Concourse, Room 301Friday, March 9, 200710:00 AM - 12:00 PM

EAST HARLEM - LEON DAVIS CHAPTERCasita Maria Senior Center55 East 102nd St.Friday, March 30, 200710:30 AM - 12:00 PM

BROOKLYN - MATTIE SMALL CHAPTER(Brooklyn Cluster) 25 Elm Place (Bet. Fulton and Livingston Sts.)Friday, March 16, 200711:30 AM - 1:30 PM

BROOKLYN MARSHALL DUBIN CHAPTERBrooklyn College - Student CenterPenthouseEast 27th St. & Campus Rd.Wednesday, March 21, 200711:00 AM - 1:00 PM

*Sponsored by HealthC

are Partners, IPA

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY111–12 Yoga*12 $1 Luncheon2:30–4:30 Arts & Crafts3–5 Sewing

210–12 Quilting Class

510:30–11:30 Opera

Appreciation Class12–1 Art History

610–12 Photography10:30–12 Drama Class12–3 Art Class12:30–1:30 Shakespeare Class1:30–3 Discussion Group

710–12 Choral Group10–12 Needlework, Beg.12:30–4:30 Needlework

(Inter./Adv.)12:45 Movie Series1–4 Needlework (BK)

811–12 Yoga*12 $1 Luncheon2:30–4:30 Arts & Crafts3–5 Sewing


1210:30–11:30 Opera




(Inter./Adv.)1–4 Needlework (BK)

1511–12 Yoga*12 $1 Luncheon1–3 Birthday Party3–5 Sewing

1610–12 Quilting Class11–2 Vision/Hearing

Screening

1910:30–11:30 Opera




(Inter./Adv.)1–4 Needlework (BK)

2211–12 Yoga*12 $1 Luncheon2:30–4:30 Arts & Crafts3–5 Sewing


2610:30–11:30 Opera




(Inter./Adv.)12:45 Movie Series1–4 Needlework (BK)

299:30–12 Executive

CommitteeMeeting

12 $1 Luncheon1–3 General

MembershipMeeting

3–5 Sewing



FLORIDA NOTES

On November 29, 83 retirees assembled at the Morningside Public Library for the first Port St. Lucie, Florida, Retiree Chapter meeting. Our guest speaker, Eleanor Tilson, former Executive Director of the 1199SEIU Benefit and Pension Funds, was enthusiastically welcomed as she addressed our 1199SEIU Florida family. During the Q&A session, new members were eager to introduce themselves and talk about their retirement life. Now, they’re all looking forward to their next meeting.

December was filled with holiday merriment and festivities. Each Chapter celebrated the season with a beautiful holiday party featuring a variety of culinary delights. We extend a special “thank you” to all the retirees who worked hard to plan the celebrations.

Don’t forget to purchase your tickets for the 2007 Annual Retiree Luncheon on March 1, 2007, at the Marriott Hotel in Coral Springs. A continental breakfast will be served at 9:00 a.m. followed by a town hall meeting; lunch will be served at 12:00 p.m. To purchase tickets or for more information, please call (877) 369-8340 or (561) 369-8340. We look forward to seeing you there!

Sincerely,

Marilyn Silverberg

OUT OF STATE RETIREES

• Friday, March 16, 2007 – 9:30 AMBirnie Hope Center210 South Purdy StreetSumter, South Carolina

For more information about North and South Carolinas Chapter meetings, contact Nonnie B. Perry at (803) 481-0475.

NORTH AND SOUTH CAROLINAS CHAPTER

FLORIDA CHAPTERS

ANNUAL RETIREELUNCHEONThursday, March 1, 2007

Coral Springs Marriott

$10 per member and $20 per guest. This includes a continental breakfast as well as a catered luncheon. Arrangements for buses will be discussed with each individual Chapter.

For information about Florida chapter meetings, contact Marilyn Silverberg.

Toll-free: (877) 369-8340Fax: (561) 369-8342In Palm Beach County: (561) 369-8340

8775 Via Tuscany DriveBoynton Beach, FL 33437


ARTÍCULOS PRINCIPALES TRADUCIDOS

“Jubilado Pero Activo”Casi un millar de jubilados de 1199SEIUCasi un millar de jubilados de 1199SEIUde la ciudad de Nueva York se unieron ade la ciudad de Nueva York se unieron alas celebraciones en el almuerzo anual delas celebraciones en el almuerzo anual defiestas para los jubilados que se llevó a cabo fiestas para los jubilados que se llevó a cabo el 21 de diciembre en el Hotel Hilton de el 21 de diciembre en el Hotel Hilton de Manhattan, ésta fue una de las reuniones másManhattan, ésta fue una de las reuniones másgrandes que jamás hayamos tenido. Mitra grandes que jamás hayamos tenido. Mitra Behroozi, Directora Ejecutiva de los FondosBehroozi, Directora Ejecutiva de los Fondosde Pensiones y Beneficios de 1199SEIU, dio de Pensiones y Beneficios de 1199SEIU, dio la bienvenida a la concurrencia y mencionóla bienvenida a la concurrencia y mencionóa los jubilados incluidos en el libro de recetasa los jubilados incluidos en el libro de recetassaludables del Fondo, saludables del Fondo, What’s CookingWhat’s Cooking. . También hablaron June Blain, la DirectoraTambién hablaron June Blain, la Directorade Programas para Miembros del Fondo y de Programas para Miembros del Fondo y John Perkins, Presidente de la División deJohn Perkins, Presidente de la División deMiembros Jubilados de 1199SEIU. George Miembros Jubilados de 1199SEIU. George Gresham, Secretario-Tesorero de 1199SEIU,Gresham, Secretario-Tesorero de 1199SEIU,fue el orador principal y quien describiófue el orador principal y quien describiólos retos que confrontan el Sindicato y la los retos que confrontan el Sindicato y la industria de la salud y también alentó aindustria de la salud y también alentó anuestros jubilados a que se mantengannuestros jubilados a que se mantenganactivos con el Sindicato en el Nuevo Año. activos con el Sindicato en el Nuevo Año. (Consulte la Página del Activista en este (Consulte la Página del Activista en este boletín para enterarse de formas en que boletín para enterarse de formas en que puede mantenerse involucrado.)puede mantenerse involucrado.)

FROM THE DESK OF THE FUND’SMEDICAL DIRECTORDr. Celia Shmukler, MD

Hearing loss and vision problems are very common among older adults, but they often happen so gradually that we don’t notice them at first. To catch these problems early, take advantage of the free screenings provided each month at your Retired Members Division office, or schedule an appointment with your healthcare provider.

Nearly half of adults over 65 experience hearing loss. It is often a result of exposure to loud sounds during earlier life but can also be hereditary. Hearing loss can significantly affect the quality of life and may result in depression and isolation. While hearing aids are very helpful, only one out of four adults takes advantage of them.

While vision problems can occur at any age, several conditions are more common in adults as they age. Among the most serious are cataracts, glaucoma and diseases of the retina. Early screenings provide an early warning system against conditions that can lead to blindness.

Remember—taking preventive measures and getting screenings now can save you complications later on. I encourage you to take advantage of the benefits your Fund offers and get screened today!

Hearing & Vision

ATLANTIC CITY CLARIDGE CASINOMonday, March 19, 2007Pay $19 − Get $18 Back

Manhattan − 9:00 AM1199SEIU − 310 West 43rd St.(Bet. 8th and 9th Avenues)Vianka Biales (646) 473-8756

Brooklyn − 8:30 AMBrooklyn Cluster − 25 Elm Place(Bet. Fulton & Livingston Sts.)Lena Hayes (718) 624-1363

St. Albans − 8:30 AM197−01 Linden BoulevardClifton Rutherford(718) 657-8348

For additional departure sites please contact the RMDMain Office at (646) 473-8756.

AURORA GREANEYWINS ART AWARDAurora Greaney, retired from NewYork-Presbyterian Hospital and a long-time participant in the Retired Members Division art class, won honorable mention at the Fort Lee Artists Guild 2006 Winter Art Festival.

“Being in the class has given me the confidence to display my paintings to the general public,” says Aurora. “The support and appreciation I have received from the art class has allowed me to progress in my artistic endeavors.”

To date, she has sold approximately 20 of her paintings.

QUESTIONS? CALL: (646) 473-8761 • OUTSIDE NYC: (800) 575-7771 � FEbrUArY/MArCh 2007

Activist pAge

this pAge is pAid for by 1199seiu united heAlthcAre Workers eAst

A Message from

Dennis RiveraPrESIDENT, 1199SEIU UNITED hEALThCArE WOrKErS EAST

1199SEIU RETIRED MEMBERS DIVISIONDUES chEck-Off aUThORIzaTIONFill in all areas

I hereby authorize 1199SEIU United Healthcare Workers East (the “Union”) to file this check-off authorization on my behalf with my Pension Plan and hereby direct my plan to withhold (check one of the following):

❏ $5 per month, or ❏ Other amount $__________/month

from my pension benefit payment and to forward that amount to to the Union, so that I may continue to be considered a member in good standing of the Retirees Division of 1199SEIU.

This authorization is voluntarily made and may be revoked at any time. I understand that I am not required to sign this authorization form and pay these dues in order for me to receive my pension. This authorization shall remain in full force and effect until revoked by me in writing.

Signature: _____________________________________________________

Date: _________________________________________________________

Name: ________________________________________________________

Address: ______________________________________________________

______________________________________________________________

City/State/Zip Code: ____________________________________________

Employer/Institution: ____________________________________________

Telephone #: ___________________________________________________

Email: ________________________________________________________

SS#: __________________________________________________________

At the same time, you have heard the bad news from Albany, New York—or more specifically—Governor Eliot Spitzer. His proposed budget would eliminate billions of dollars of Medicaid spending.

Of course, when you get past the dry dollar figures and “reform” rhetoric, what we are talking about here are real lives—the lives of our frail elderly, of our uninsured, of our poor (including our working poor). We are talking about our neighbors, our family members, our loved ones. And we are talking about our Union sisters and brothers who deliver the care in our hospitals, nursing homes and in the homes of their patients—and whose jobs and families and retirement security are at risk because a new governor wishes to make a name for himself.

These proposed cuts come on top of the recommendations of the Berger Commission to close, downsize or restructure 57 New York hospitals, fully one-third of all hospitals in the state. This is cruel and unusual punishment. Many of you remember back in 1994 when another new governor came to power in Albany on the promise to slash and burn Medicaid. But George Pataki learned his limits because our Union—including many of you who are now retired—taught him a lesson.

We now need to educate Mr. Spitzer about New York’s healthcare system and the importance of preserving it. But to do so, we need to keep 1199SEIU strong and make it stronger still. You can help by paying dues, which is easily done as a monthly deduction from your pension check. As a retiree, your dues are voluntary, but very necessary.

Your Union sisters and brothers who are still working fought hard to win improvements in your pension, but we need to remain strong in the face of the impending attack from Albany. Isn’t it worth a few dollars a month to preserve all that you’ve won?

We encourage you to fill in this form that will allow a dues check-off from your pension check. It will be the best deal your money can buy.

In solidarity,

Dennis Rivera

DEaR SISTERS aND BROThERS,

Congratulations! By now you know that we’ve successfully negotiated a new League contract, preserving your retiree health benefits and providing a 3 percent annual pension increase for retirees in the Health Care Employees Pension Fund in 2008, 2009 and 2010.

from my pension benefit payment and to forward that amount to the Union, so that I may continue to be considered a member in good standing of the Retired Members Division of 1199SEIU.


20051199SEIU Benefit and Pension Funds Year End Financial StatementsThe work of our 1199SEIU Family of Funds is remarkable in scope. Together, our Funds provide an unparalleled range of benefits to 1199SEIU members and retirees across all fields of health care – in hospitals, nursing homes and home care. For each industry, there are several dedicated Funds and together, our collective benefits, programs and services cover nearly half a million lives.

In 2005 we provided more benefits to you, our members and retirees, than ever before. In this document, you’ll find an overview of the financial information for your Funds, which we are required by law to make available to you each year. These reports have also been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required by the Employee Retirement Income Security Act of 1974 (ERISA).

Summary Annual Report for the 1199SEIUNational Benefit Fund For Health And Human Service EmployeesEIN No. 13-1628401, Plan No. 501 for the period of January 1, 2005 to December 31, 2005

Insurance Information

The plan has a contract with Amalgamated Life Insurance Company and Guardian Life Insurance Company of America to pay life insurance and AD&D claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2005 were $602,695.Because Amalgamated Life Insurance Company is a so-called “experience-rated” contract, the premium costs are affected by, among other things, the number and the size of the claims. Of the total insurance premiums paid for the plan year, the premiums paid under such “experience-rated” contracts were $7,007,375 and the total of all benefit claims paid was $6,333,621.

Basic Financial Statement

The value of plan assets, after subtracting liabilities of the plan, was $166,955,736 as of December 31, 2005 compared to $183,410,872 as of January 1, 2005. During the plan year the plan experienced a decrease in its net assets of $16,455,136. This decrease includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan’s assets at the end of the year and the value of the assets at the beginning of the year, or the cost of assets acquired during the year. During the plan year, the plan had total income of $903,603,995. This income included employer contributions of $891,093,333, COBRA contributions of $2,919,424, realized losses of $562,340 from the sale of assets and earnings from investments of $6,567,754. Plan expenses were $920,059,131. These expenses included $70,292,820 in administrative expenses and $849,766,311 in benefits paid on behalf of participants and beneficiaries.

Summary Annual Report for the 1199SEIUHealth Care Employees Pension FundEIN 13-3604862, Plan No. 001 for the period January 1, 2005 to December 31, 2005


Benefits under the plan are provided by a trust and insurance. Plan expenses were $427,996,522. These expenses included $76,169,082 in administrative expenses and $351,827,440 in benefits paid to participants and beneficiaries. A total of 191,836 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits.The value of plan assets, after subtracting liabilities of the plan, was $7,777,661,099 as of December 31, 2005 compared to $7,305,093,556 as of January 1, 2005. During the plan year the plan experienced an increase in its net assets of $472,567,543. This increase includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan’s assets at the end of the year and the value of the assets at the beginning of the year, or the cost of assets acquired during the year. The plan had total income of $900,564,065, including employer contributions of $223,274,560, gains of $38,884,583 from the sale of assets and earnings from investments of $618,757,272.

Minimum Funding Standards

An actuary’s statement shows that enough money was contributed to the plan to keep it funded in accordance with the minimum funding standards of ERISA.

Summary Annual Report for the 1199SEIU Greater New York Benefit FundEIN 13-6125570, Plan No. 501 for the period January 1, 2005 to December 31, 2005

Insurance Information

The plan has a contract with Amalgamated Life Insurance Company to pay Life Insurance and AD&D claims incurred under the terms of the plan. The total premiums paid for the above plan year were $795,769.Because it is a so-called “experience-rated” contract, the premium costs are affected by, among other things, the number and size of claims. Of the total insurance premiums paid for the above plan year, the premiums paid under such “experience-rated” contracts were $753,483 and the total of all benefit claims paid was $651,541.


The value of plan assets, after subtracting liabilities of the plan, was $30,074,998 as of December 31, 2005 compared to $9,441,268 as of January 1, 2005. During the plan year the plan experienced an increase in its net assets of $20,633,730. During the plan year, the plan had total income of $163,659,362. This income included employer contributions of $162,388,203, COBRA contributions of $531,595 and earnings from investments of $304,319. Plan expenses were $143,025,632. These expenses included $11,132,031 in administrative expenses and $131,893,601 in benefits paid on behalf of participants and beneficiaries.


Summary Annual Report for the 1199SEIU Greater New York Pension FundEIN 13-6601940, Plan Number 001, for the period January 1, 2005 to December 31, 2005


Benefits under the plan are provided by a trust (benefits are provided in whole from trust funds). Plan expenses were $37,230,726. These expenses included $7,627,450 in administrative expenses and $29,603,276 in benefits paid to participants and beneficiaries. A total of 28,746 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits.The value of plan assets, after subtracting liabilities of the plan, was $459,008,417 as of December 31, 2005 compared to $449,323,234 as of January 1, 2005. During the plan year the plan experienced an increase in its net assets of $9,685,183. This increase includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan’s assets at the end of the year and the value of the assets at the beginning of the year, or the cost of assets acquired during the year. The plan had total income of $46,915,909, including employer contributions of $10,768,367, losses of $930,348 from the sale of assets and earnings from investments of $35,765,308.



Summary Annual Report for the 1199SEIU Home Care Employees Pension FundEIN 13-3943904, Plan No. 001 for the period January 1, 2005 to December 31, 2005


Benefits under the plan are provided by a trust and insurance. Plan expenses were $9,220,385. These expenses included $4,034,830 in administrative expenses and $5,185,555 in benefits paid to participants and beneficiaries. A total of 62,019 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits.The value of plan assets, after subtracting liabilities of the plan, was $205,063,726 as of December 31, 2005 compared to $184,544,623 as of January 1, 2005. During the plan year the plan experienced an increase in its net assets of $20,519,103. This increase includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan’s assets at the end of the year and the value of the assets at the beginning of the year, or the cost of assets acquired during the year. The plan had total income of $29,739,488, including employer contributions of $15,019,247, losses of $332,865 from the sale of assets and earnings from investments of $15,041,923.



Your Rights To Additional Information

You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report:

1. An accountant’s report;2. Financial information and information on payments to service providers;3. Assets held for investment;4. Transactions in excess of 5 percent of the plan assets; 5. Insurance information including sales commissions paid by insurance carriers;6. Information regarding any common or collective trusts, and 103-12 investment entities in which the plan participates; and7. Actuarial information regarding the funding of the Plan (for Pension Funds only).

To obtain a copy of the full annual report, or any part thereof, write your Fund office at:

1199SEIU Benefit and Pension Funds: 330 West 42nd Street, 27th Floor, New York NY 10036-6977

The charge to cover copying costs will be $0.25 per page.

You also have the legally protected right to examine the annual report at the main office of the plan and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N1513, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report. The charge to cover copying costs given above does not include a charge for the copying of these portions of the report because these portions are furnished without charge.


ANNUAL FUNDING NOTICE FOR THE 1199SEIU HEALTH CARE EMPLOYEES PENSION FUND

Introduction

This notice, which federal law requires all multiemployer plans to send annually, includes important information about the funding level of the1199SEIU Health Care Employees Pension Fund Defined Benefit Pension Plan (the “Plan”), EIN 13-3604862 Plan Number 001. This notice also includes information about rules governing insolvent plans and benefit payments guaranteed by the Pension Benefit Guaranty Corporation (the “PBGC”), a federal agency. This notice is for the period beginning January 1, 2005 and ending December 31, 2005 (the “Plan Year”).

Plan’s Funding Level

The Plan’s “funded current liability percentage” for the Plan Year was 91.4 %. In general, the higher the percentage, the better funded the Plan. The funded current liability percentage, however, is not indicative of how well a plan will be funded in the future or if it terminates. Whether this percentage will increase or decrease over time depends on a number of factors, including how the plan’s investments perform, what assumptions the plan makes about rates of return, whether employer contributions to the fund increase or decline, and whether benefits payments from the fund increase or decline.

Plan’s Financial Information

The market value of the Plan’s assets as of January 1, 2005 was $7,305,093,556. The total amount of benefit payments for the Plan Year was $351,827,440. The ratio of assets to benefit payments is 20.8 to 1. This ratio suggests that the Plan’s assets could provide for approximately 20.8 years of benefit payments in annual amounts equal to what was paid out in the Plan Year. However, the ratio does not take into account future changes in total benefit payments or plan assets.

Rules Governing Insolvent Plans

Federal law has a number of special rules that apply to financially troubled multiemployer plans. Under so-called “plan reorganization rules,” a plan with adverse financial experience may need to increase required contributions and may, under certain circumstances, reduce benefits that are not eligible for the PBGC’s guarantee (generally, benefits that have been in effect for less than 60 months). If a plan is in reorganization status, it must provide notification that the plan is in reorganization status and that, if contributions are not increased, accrued benefits under the plan may be reduced or an excise tax may be imposed (or both). The law requires the plan to furnish this notification to each contributing employer and the labor organization.

Despite the special plan reorganization rules, a plan in reorganization nevertheless could become insolvent. A plan is insolvent for a plan year if its available financial resources are not sufficient to pay benefits when due for the plan year. An insolvent plan must reduce benefit payments to the highest level that can be paid from the plan’s available financial resources. If such resources are not enough to pay benefits at a level specified by law (see Benefit Payments Guaranteed by the PBGC below), the plan must apply to the PBGC for financial assistance. The PBGC, by law, will loan the plan the amount necessary to pay benefits at the guaranteed level. Reduced benefits may be restored if the plan’s financial condition improves.

A plan that becomes insolvent must provide prompt notification of the insolvency to participants and beneficiaries, contributing employers, labor unions representing participants, and the PBGC. In addition, participants and beneficiaries also must receive information regarding whether, and how, their benefits will be reduced or affected as a result of the insolvency, including loss of a lump sum option. This information will be provided for each year the plan is insolvent.

Benefit Payments Guaranteed by the PBGC

The maximum benefit that the PBGC guarantees is set by law. Only vested benefits are guaranteed. Specifically, the PBGC guarantees a monthly benefit payment equal to 100% of the first $11 of the Plan’s monthly benefit accrual rate, plus 75% of the next $33 of the accrual rate, times each year of credited service. The PBGC’s maximum guarantee, therefore, is $35.75 per month times a participant’s years of credited service.

Example 1: If a participant with 10 years of credited service has an accrued monthly benefit of $500, the accrual rate for purposes of determining the PBGC guarantee would be determined by dividing the monthly benefit by the participant’s years of service ($500/10), which equals $50. The guaranteed amount for a $50 monthly accrual rate is equal to the sum of $11 plus $24.75 (.75 x $33), or $35.75. Thus, the participant’s guaranteed monthly benefit is $357.50 ($35.75 x 10).

Example 2: If the participant in Example 1 has an accrued monthly benefit of $200, the accrual rate for purposes of determining the guarantee would be $20 (or $200/10). The guaranteed amount for a $20 monthly accrual rate is equal to the sum of $11 plus $6.75 (.75 x $9), or $17.75. Thus, the participant’s guaranteed monthly benefit would be $177.50 ($17.75 x 10).

In calculating a person’s monthly payment, the PBGC will disregard any benefit increases that were made under the Plan within 60 months before the earlier of the plan’s termination or insolvency. Similarly, the PBGC does not guarantee pre-retirement death benefits to a spouse or beneficiary (e.g., a qualified pre-retirement survivor annuity) if the participant dies after the plan terminates, benefits above the normal retirement benefit, disability benefits not in pay status, or non-pension benefits, such as health insurance, life insurance, death benefits, vacation pay or severance pay.

Where to Get More Information

For more information about this notice, you may contact the Fund Office at 330 West 42nd

Street, New York, NY 10036, or call (646) 473-8666. For more information about the PBGC and multiemployer benefit guarantees, go to PBGC’s web site, www.pbgc.gov or call the PBGC toll-free at (800) 400 -7242. (TTY/TDD users may call the Federal relay service toll free at (800) 877-8339 and ask to be connected to (800) 400-7242.)

Additional Explanation

The 1199SEIU Health Care Employees Pension Fund is required by law to provide you with this notice about your plan’s funding. The Trustees of your Fund are committed to helping provide you with security in your retirement, and if you have any questions about your pension benefits, please don’t hesitate to contact the Fund Office.

ANNUAL FUNDING NOTICE FOR THE 1199SEIU GREATERNEW YORK PENSION FUND

Introduction

This notice, which federal law requires all multiemployer plans to send annually, includes important information about the funding level of the 1199SEIU Greater New York Pension Fund, EIN 13-6601940, PN 001 (Plan). This notice also includes information about rules governing insolvent plans and benefit payments guaranteed by the Pension Benefit Guaranty Corporation (PBGC), a federal agency. This notice is for the plan year beginning January 1, 2005 and ending December 31, 2005 (Plan Year).


The Plan’s “funded current liability percentage” for the Plan Year was 61.8%. In general, the higher the percentage, the better funded the plan. The funded current liability percentage, however, is not indicative of how well a plan will be funded in the future or if it terminates. Whether this percentage will increase or decrease over time depends on a number of factors, including how the plan’s investments perform, what assumptions the plan makes about rates of return, whether employer contributions to the fund increase or decline, and whether benefits payments from the fund increase or decline.


The market value of the Plan’s assets as of January 1, 2006 was $459,008,417. The total amount of benefit payments for the Plan Year was $29,603,276. The ratio of assets to benefit payments is 15.5. This ratio suggests that the Plan’s assets could provide for approximately 15.5 years of benefit payments in annual amounts equal to what was paid out in the Plan Year. However, the ratio does not take into account future changes in total benefit payments or plan assets.



Despite the special plan reorganization rules, a plan in reorganization nevertheless could become insolvent. A plan is insolvent for a plan year if its available financial resources are not sufficient to pay benefits when due for the plan year. An insolvent plan must reduce benefit payments to the highest level that can be paid from the plan’s available financial resources. If such resources are not enough to pay benefits at a level specified by law (see Benefit Payments Guaranteed by the PBGC, below), the plan must apply to the PBGC for financial assistance. The PBGC, by law, will loan the plan the amount necessary to pay benefits at the guaranteed level. Reduced benefits may be restored if the plan’s financial condition improves.

A plan that becomes insolvent must provide prompt notification of the insolvency to participants and beneficiaries, contributing employers, labor unions representing participants, and PBGC. In addition, participants and beneficiaries also must receive information regarding whether, and how, their benefits will be reduced or affected as a result of the insolvency, including loss of a lump sum option. This information will be provided for each year the plan is insolvent.


The maximum benefit that the PBGC guarantees is set by law. Only vested benefits are guaranteed. Specifically, the PBGC guarantees a monthly benefit payment equal to 100 percent of the first $11 of the Plan’s monthly benefit accrual rate, plus 75 percent of the next $33 of the accrual rate, times each year of credited service. The PBGC’s maximum guarantee, therefore, is $35.75 per month times a participant’s years of credited service.



In calculating a person’s monthly payment, the PBGC will disregard any benefit increases that were made under the Plan within 60 months before the earlier of the plan’s termination or insolvency. Similarly, the PBGC does not guarantee pre-retirement death benefits to a spouse or beneficiary (e.g., a qualified pre-retirement survivor annuity) if the participant dies after the plan terminates, benefits above the normal retirement benefit, disability benefits not in pay status, or non-pension benefits, such as health insurance, life insurance, death benefits, vacation pay, or severance pay.


For more information about this notice, you may contact the Fund Office at 330 West 42nd Street, New York, NY 10036, or call (646) 473-8666. For more information about the PBGC and multiemployer benefit guarantees, go to PBGC’s web site, www.pbgc.gov, or call PBGC toll-free at (800) 400-7242. (TTY/TDD users may call the Federal relay service toll free at (800) 877-8339 and ask to be connected to (800) 400-7242.)


The 1199SEIU Greater New York Pension Fund is required by law to provide you with this notice about your plan’s funding. The Trustees of your Fund are committed to helping provide you with security in your retirement, and if you have any questions about your pension benefits, please don’t hesitate to contact the Fund Office.


ANNUAL FUNDING NOTICE FOR THE 1199SEIU HOMECARE EMPLOYEES PENSION FUND

Introduction

This notice, which federal law requires all multiemployer plans to send annually, includes important information about the funding level of the 1199SEIU Home Care Employees Pension Fund Defined Benefit Pension Plan (the “Plan”), E.I.N.13-3943904 Plan Number 001. This notice also includes information about rules governing insolvent plans and benefit payments guaranteed by the Pension Benefit Guaranty Corporation (the “PBGC”), a federal agency. This notice is for the period beginning January 1, 2005 and ending December 31, 2005 (the “Plan Year”).


The Plan’s “funded current liability percentage” for the Plan Year was 86.5%. In general, the higher the percentage, the better funded the Plan. The funded current liability percentage, however, is not indicative of how well a plan will be funded in the future or if it terminates. Whether this percentage will increase or decrease over time depends on a number of factors, including how the plan’s investments perform, what assumptions the plan makes about rates of return, whether employer contributions to the fund increase or decline, and whether benefits payments from the fund increase or decline.


The market value of the Plan’s assets as of January 1, 2005 was $184,544,623. The total amount of benefit payments for the Plan Year was $5,185,555. The ratio of assets to benefit payments is 35.6 to 1. This ratio suggests that the Plan’s assets could provide for approximately 35 years of benefit payments in annual amounts equal to what was paid out in the Plan Year. However, the ratio does not take into account future changes in total benefit payments or plan assets.



Despite the special plan reorganization rules, a plan in reorganization nevertheless could become insolvent. A plan is insolvent for a plan year if its available financial resources are not sufficient to pay benefits when due for the plan year. An insolvent plan must reduce benefit payments to the highest level that can be paid from the plan’s available financial resources. If such resources are not enough to pay benefits at a level specified by law (see Benefit Payments Guaranteed by the PBGC below), the plan must apply to the PBGC for financial assistance. The PBGC, by law, will loan the plan the amount necessary to pay benefits at the guaranteed level. Reduced benefits may be restored if the plan’s financial condition improves.

A plan that becomes insolvent must provide prompt notification of the insolvency to participants and beneficiaries, contributing employers, labor unions representing participants, and the PBGC. In addition, participants and beneficiaries also must receive information regarding whether, and how, their benefits will be reduced or affected as a result of the insolvency, including loss of a lump sum option. This information will be provided for each year the plan is insolvent.


The maximum benefit that the PBGC guarantees is set by law. Only vested benefits are guaranteed. Specifically, the PBGC guarantees a monthly benefit payment equal to 100% of the first $11 of the Plan’s monthly benefit accrual rate, plus 75% of the next $33 of the accrual rate, times each year of credited service. The PBGC’s maximum guarantee, therefore, is $35.75 per month times a participant’s years of credited service.



In calculating a person’s monthly payment, the PBGC will disregard any benefit increases that were made under the Plan within 60 months before the earlier of the plan’s termination or insolvency. Similarly, the PBGC does not guarantee pre-retirement death benefits to a spouse or beneficiary (e.g., a qualified pre-retirement survivor annuity) if the participant dies after the plan terminates, benefits above the normal retirement benefit, disability benefits not in pay status, or non-pension benefits, such as health insurance, life insurance, death benefits, vacation pay or severance pay.


For more information about this notice, you may contact the Fund Office at 330 West 42nd

Street, New York, NY 10036 or call (646) 473-8666. For more information about the PBGC and multiemployer benefit guarantees, go to PBGC’s web site, www.pbgc.gov or call the PBGC toll-free at (800) 400-7242 (TTY/TDD users may call the Federal relay service toll free at (800) 877-8339 and ask to be connected to (800) 400-7242).


The 1199SEIU Home Care Employees Pension Fund is required by law to provide you with this notice about your plan’s funding. The Trustees of your Fund are committed to helping provide you with security in your retirement, and if you have any questions about your pension benefits, please don’t hesitate to contact the Fund Office.

2006 Anne Shore Holiday Luncheon

1199SEIU Benefit and Pension Funds330 West 42nd Street

New York, NY 10036-6977

PresortedStandard Class Mail

U.S. Postage

PAIDNew York, NY

Permit No. 3700

UPCOMING EVENTS/TRIPS

ALL PAYMENTS MUST BE MADE BY CHECK OR MONEY ORDER ONLY. For ALL TRIP reservations and information contact Vianka Biales at (646) 473-8756. While the RMD is happy to help make these trips available to 1199SEIU retirees, these trips are not a Fund benefit.

The 1199SEIU Funds are not responsible for transportation, food, lodging or any of the activities that occur during the trip.

NEW YORK’S FINGER LAKES REGIONMonday, September 10 — Saturday, September 15, 2007

Scott’s Resort6 days, 5 nights

Package includes five nights lodging, three meals daily, live entertainment, activities, countryside tour and a cruise on a private lake.

For prices and more information, please contact Vianka Biales at (646) 473-8756.

$499/person Double occupancy$639 Single occupancyTrip cancellation insurance is INCLUDED in the price.Visit the beautiful countryside where women changed history; where Susan B. Anthony, Elizabeth Cady Stanton, Rosa Parks, Eleanor Roosevelt and so many more fought for women’s rights and suffrage.

Package includes 3 nights accommodations, 3 dinners, 3 breakfasts, admissions, Keuka Lake cruise, baggage handling, taxes, and deluxe motor coach transportation.

$100 Deposit due immediately.Final Payment dueby May 11, 2007.

GREAT WOMEN & WINE TOURMonday, June 11 − Thursday, June 14, 2007

$1,879/person Double occupancy$2,289 Single occupancyTrip cancellation insurance is INCLUDED in the price.

Package includes round trip airfare, accommodations for 6 evenings, 6 breakfasts, 4 dinners, gratuities for the meals, sightseeing, admissions,

baggage handling, taxes, a professional tour escort, transfers in San Francisco and transportation aboard a deluxe motor coach.

$250 Deposit due immediately.Final Payment due by August 21, 2007.

SPECTACULAR CALIFORNIASan Francisco • Monterey • Lake Tahoe • Napa Wine CountryFriday, September 21 − Thursday, September 27, 2007

$279/person Double occupancy$339 Single occupancyTrip cancellation insurance is INCLUDED in the price.

Package includes 3 meals/day, hotel for 2 evenings, hay rides, shuffleboard, bocci, sauna, paddleboats, trivia, free coffee and cake, contests, bingo,

prizes, “Happy Hour,” live entertainment and dancing. Tax and transportation aboard a deluxe motor coach are also included.

$100 Deposit due immediately.Final Payment due by March 18, 2007.

ROCKING HORSE RESORT, UPSTATE NYWednesday, April 18 − Friday, April 20, 2007

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