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Protectors, Not MurdersMembers Fight Against DA Hyness Overreach

Local 371 members made themselvesloud and clear this past month reactingto the indictments o two ormer Ad-

ministration or Childrens Services workers:

We are not criminals!On April 6, more than 500 workers cameto protest outside the Brooklyn DistrictAttorneys Oce, and workers at ACSlocations around the City participated inlunch-time protests March 25. Former CPSDamon Adams and his supervisor, ChereeceBell, were indicted or criminally negligenthomicide in the case o 4-year-old MarchellaPierce, who died at the hands o her motherwho starved her to death last September.

At the protest earlier this month, work-ers marched down Jay Street in downtown

Brooklyn, demanding that DA CharlesHynes drop the charges. Workers said theproblem is that they are overburdenedsometimes carrying as many as 20 cases, as

opposed to the alse average o 10 by Com-missioner John Mattinglys countand can-not devote their ull attention to any one casewhen they have to take on more than a dozen

cases at a time. In some instances, membersare juggling nearly two dozen cases.CPS Kelly Mares, who has been with the

agency at the Marcy Avenue oce or twoyears, described the moment her co-workersheard about the charges.

The initial reaction was total horror,she said during a lunch-time demonstration.We had no belie that this would go thisar. This wasnt their aultI they can becriminally charged then we can be crimi-nally charged at any minute.

The angry members denounced the act

that they were being targeted when it wasthe mother who neglected the child. Maresexplained that ACS management has devel-

Volume 41 Number 4April 2011

Ofcial Publication o Social Service Employees Union Local 371-DC 37 AFSCME, AFL-CIO www.sseu371.org

See story on Page 2

Social Wor NightThe annual social work celebration

was a success this year, with music

and a lively discussion about the

recent attacks on public-sector

workers and unions.

See story on Pages 4 and 5

Presidents MessageFaye Moore discusses the need or

solidarity.

Continued on page 3

Hundreds o Local 371 members rallied in ront o Brooklyn DA Charles Hyness oce demanding that the chargesagainst Damon Adams and Chereece Bell be dropped.

PatArnow

Cast Your Vote!

Members are strongly encouraged

to participate in the election o Union

Ocers, Welare Fund Trustees, DC 37

Delegates, and Central Labor Council

Delegates. The American Arbitration

Association (AAA) is conducting the

secret mail ballot election. Any Union

member who has not yet received a

ballot must call AAA at 1-800-529-

5218 to request a ballot. Ballots are

due back by 9:00 a.m. April 29, andwill be counted the same day.


2/12

2 The Unionist | April 2011

April

20 Delegate Assembly: 6:30 p.m.

Advance Realty Building, 235 West 23rd

Street in Manhattan

27 Political Action Committee:6:30 p.m

Union Oce, 12th Floor

Civilians in Law Enforcement

Chapter: 6:30 p.m. Union Oce,

15th Floor

28 Jewish Heritage Committee: 6:30 p.m.


29 Ballots due at 9:00 a.m.: Call AAA at

(800)-529-5218 or questions.

MAy

1 New administrative term begins

4 Executive Committee: 6:30 p.m.


11 Womens Committee: 6:30 p.m.


17 Alumni Association: 2 p.m.


18 Delegate Assembly: 6:30 p.m.

Advance Realty Building, 235 West 23rd

Street in Manhattan

CALENDAR

Published monthly except or a combined issue in July/August and a Supplement in January by the SocialService Employees Union Local 371, District Council 37,

AFSCME, AFL-CIO. Subscription Price $2.00 annually.Periodical postage paid at New York, N.Y.

POSTMASTER: Please send address changes to: TheUnionist, SSEU Local 371, 817 Broadway, N.Y., N.Y. 10003.

USPS# 348990 (212) 677-3900ISSN# 0041-7092

PresidentFaye Moore

Eecutive Vice President Yolanda Pumarejo

Secretary-TreasurerJoe Nazario

V.P. Negotiations & ResearchAnthony Wells

V.P. Organization & EducationBeverly Mallory-Brown

V.P. Grievances & Legal ServicesLloyd Permaul

V.P. Legislation & Political ActionMichelle Akyempong

V.P. Publicity & Community RelationsMichelle Conklin

TrusteesMichael Ballesteros

Yolanda DeJesusMelva Scarborough

EditorAri Paul

Visit us on the web at www.sseu371.org

Solidarity is in Our Hands

Since the beginning o 2011, the labor movement has been a major topic odiscussion. In the headlines, on the talk shows and at the dinner table unions havebecome a source o debate and discourse like never beore. Even beore the civildisobedience in Wisconsin, with other states to ollow, the union workers o New

York have been discussing and organizing around thelocal attack on the public sector.

The attack has been consistent. First was the mediacampaign o lies and myths about our pension systemand the redesign plan that will hurt current and newmembers in the retirement system. Then there wasthe reorm plan that stands to eliminate many o ourprotections as civil service employees. That was ol-lowed with demands or more givebacks in our health-care coverage. All this is combined with the continuingcuts to social services and new threats o layos. Ourmembers have gone one year without a contract and

two years without a raise.This could be overwhelming. It could all be verydiscouraging. But as one o the great activists andorators Adam Clayton Powell, Jr. once asked, Whatsin your hand?

Whats in our hand is the Union, all o us organized and ready to ght back. Whats inour hand are the hundreds o Local 371 members who stood up or our brother and sisterand against the indictments on April 6. Whats in our hand is our determination to protectour rights, protect our pensions, and negotiate a air wage increase.

Our Union has a rich legacy o militancy and struggle. Over time, we have ought againstpoor salaries, poor working conditions, and threats to services. Weve had small wins andhuge victories. The most important result has always been a stronger more unied Unionat the end o the ght. So, Whats in our hand? Solidarity. Union solidarity has held us

together in our dark days and has kept us rom being complacent in good times. Solidaritywill carry us through this crisis as it has since the early days o Local 371.

Solidarity then, solidarity now, solidarity orever.

Faye Moore

President Faye Moore

Union members and supporters rallied March 24 at City Hall (above) and at Times Square this month to protest the

attacks on the public-sector and social services.

DaveSanders


3/12

April 2011 | The Unionist 3

Continued rom page 1

25 Years ago apil 1986sTorY aND soNg PrograM To MarK HaYMarKe T, MaY DaY CeNTeNNIaL

An exciting program o labor songs and stories will mark the 100th

anniversary o May Day, the Chicago Haymarket massacre, and the

nationwide strike or the 8-hour day...Vice President o Publicity and

Community Relations Bobbie Rabinowitz has been an active member o the100th Anniversary Committee since it started gathering support or the

event last all. In our local, she said, were carrying on the fght or better

working conditions the Chicago workers marched or on May 1, 1886.

20 Years ago apil 1991CaMPaIgN Is sUCCessFUL IN reLoCaTINg oVer 300 WorKersFroM 635 FULToN sT.Ater months o Union pressure because o hazardous health and saety

conditions at 635 Fulton Street, over 300 workers have been relocated to

alternate worksites. ACD and CWA employees have moved to modern ofces

at 2 Metro Tech Center in Brooklyn and DOE workers have been relocated to

the Municipal Building in Manhattan...We are glad that we were successul in

relocating these workers, said President Charles Ensley.

15 Years ago apil 1996HoUsePareNT PaY eQUITY IssUe goes To arBITraTorLocal 371 is taking the Houseparent pay equity issue to arbitration on May 15

and May 22 because the City did not live up to the equity award agreement it

made with District Council 37 as part o the 1992-1995 contract.

The campaign to win a 40-hour work week or Houseparents andSenior Houseparents with no loss in pay has been waged by Local 371 or

many years.

10 Years ago apil 2001NoVa WorKers geT More sPaCe; eaU FaCILITY sTILL oVerCroWDeDIn last months issue o the Uninit, we reported on the impossibly

cramped space assigned to the NOVA workers at the DHS Emergency

Assistance Unit on 151st Street in the Bronx. In that article we stated

that, as a result o a labor-management meeting, the City had agreed

to give the NOVA workers more room. Shortly ater, the NOVA unit

was provided with a small additional area in the operation ofce, large

enough or a supervisors desk and chair and near a copying machine and

a ax machine.

oped too many mandated protocols thatactually take time away rom workers totend to their cases.

Its completely impossible to maintainwhats expected o us, she said. We needmore sta.

Loo to the Top

City Councilman Charles Barron ad-dressed the members at the April 6 protest,saying that the DA should charge Mat-tingly and Mayor Bloomberg or cuttingACS sta and services.

I say you should handcu them togeth-er, he said to a roaring applause.

Local 371 members deended the repu-tations o their charged co-workers. OneACS worker who declined to be identiedsaid o Bell, She had two o her own chil-dren. She would make sure that the NewYork City children were okay beore sheattended to her own.

Another talked about how both ormer

workers struggled so hard to keep up withthe workload that they commonly workednights and weekends without extra pay,

Protectors,Not MurdersMembers FightAgainst DA Overreach

and that this was common or many Local371 members.

Marching with the workers March 25,Union President Faye Moore said, Wehave to make the City recognize andrespect this proession. We have to makethis work doable so we can do real protec-tion or the Citys children. Right now,everybody is really buckling under thepressure, not doing the quality o workthat they can do.

She added, [The City] is not getting the

best rom these people because theyre nottreating them like the proessionals theyreally are.

CPS Kelly Mares holds up her message along with her co-workers at 185 Marcy Avenue in Brooklyn, where both

Bell and Adams worked.

CPSs Iydes Ramirez and Surayya Rogers handcu

themselves in solidarity during a protest in the Bronx.

PatArnow

Local371


4/12


n the one hand, it is anevening to celebrate theachievements o socialworkers who have recentlyreceived MSWs with

dinner, music and dancing.But it is also a time or social

workers to refect on the challengesthe ar right has placed beore them.

The Committee o Concerned SocialWorkers held its annual event at DC 37s

Honoring

Social Wor

OKeynote speaker Mimi Abramovitz

The Committee o Concerned Social Workers pulled o another successul social work night.


5/12


They want to defect attention rom the Wall Street traders,

Abramovitz said. The Governors have declared class war on,

guess who: government employees like you and me.

headquarters March 11. SSEU Local371 Executive Vice President YolandaPumarejo, the committees chair,commented in her opening remarksthat members needed to organize, as

Governors and lawmakers across thenation have been taking unprecedentedaction to cripple unions and workingamilies.

Its going to be New York i we do notorganize and get together, Pumarejo

said. Dont think thatits just Wisconsin.

Keynote speakerMimi Abramovitz,a Hunter CollegeProessor o SocialWork who has donelandmark research onthe welare systemand womens rightsorganizing, explainedthat the recent attackon public-sectorworkers is in line withthe ar rights historical

assault on the welare system. The irony,she added, was that businesses actuallybenet rom lower-income amiliesreceiving welare benets, because it

enables them to spend more on goods.

Politics as Usual

The reason or the attack, she noted, waspurely political. But she explained, as is sooten the case, the personal is political.

They want to defect attention romthe Wall Street traders, Abramovitz said.The Governors have declared class waron, guess who: government employeeslike you and me.

She added, I cant help but take theseattacks personally.

While members and speakers ocusedon the chilly political atmosphere unionsand working class people currently ace,they did have time to pay attention tothe good news o the evening. Ater thecommittee honored this years socialwork recipients on stage, membersdanced the night away to the tunes o theband 19 South.

Were here to recognize the sacricesyou made, Union President Faye Mooretold the scholarship winners. Were here

to honor that commitment tonight.

The Union honored MSW recipients at

last months event (top), and Executive

Vice President and CCSW Chair Yolanda

Pumarejo (pictured at let) addressed

Local 371 members on the importance o

organizing. Ater the speeches, attendees

enjoyed dancing and music supplied by

19 South (at bottom).

Photos4&5:DaveSanders


6/12


Welare Fund AuditGOULD, KOBRICK & SCHLAPP, P.C., CERTIFIED PUBLIC ACCOUNTANTS

Empire State Building, 350 Fifth Avenue, New York, N.Y. 10118-4309

Social Service Employees Union, Local 371 Welfare Fund817 Broadway, New York, New York 10003

INDEPENDENT AUDITORS REPORT

We have audited the accompanying statements o beneit obligations and net assets available or beneits o the

Social Service Employees Union Local 371 Welare Fund as o June 30, 2010 and 2009, and the related statementso changes in beneit obligations and in net assets available or beneits or the years then ended. These inancialstatements are the responsibility o the Plans management. Our responsibility is to express an opinion on theseinancial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States oAmerica. Those standards require that we plan and perorm the audits to obtain reasonable assurance about whetherthe inancial statements are ree o material misstatement. An audit includes consideration o internal control overinancial reporting as a basis or designing audit procedures that are appropriate in the circumstances, but not orthe purpose o expressing an opinion on the eectiveness o the Plans internal control over inancial reporting.

Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting theamounts and disclosures in the inancial statements. An audit also includes assessing the accounting principles usedand signiicant estimates made by management, as well as evaluating the overall inancial statement presentation.We believe that our audits provide a reasonable basis or our opinion.

In our opinion, the inancial statements reerred to above present airly, in all material respects, the inancialstatus o the Social Service Employees Union Local 371 Welare Fund as o June 30, 2010 and 2009 and thechanges in its inancial status or the years then ended in conormity with accounting principles generally acceptedin the United States o America.January 25, 2011 GOULD, KOBRICK & SCHLAPP, P.C.

STATEMENTS OF BENEFIT OBLIGATIONS AND NET ASSETS AVAILABLEFOR BENEFITS AT JUNE 30, 2010 AND 2009

STATEMENTS OF CHANGES IN BENEFIT OBLIGATIONS AND IN NET ASSETS AVAILABLEFOR BENEFITS FOR THE YEARS ENDED JUNE 30, 2010 AND 2009

NOTES TO FINANCIAL STATEMENTS AT JUNE 30, 2010 AND 2009

NOTE 1 DESCRIPTION OF PLAN

The ollowing description o the Social Service Employees Union Local 371 Welare Fund (the Plan)provides only general inormation. Participants should reer to the Plans benet booklet and its Summary PlanDescription or a more complete description o the Plans provisions.

General: The Plan was established in 1965 or the purpose o providing health care benets to eligible

employees covered by the collective bargaining agreement between the Social Service Employees Union Local371 AFSCM E, AFL-CIO (the Union) and the City o New York (the Employer). It is not subject to the provisionso the Employee Retirement Income Security Act o 1974 (ERIS A), as amended.

Plan Administration: The administration o the Plan is the responsibility o a Board o Trustees comprisedo seven trustees, six o whom are elected by the general membership o the Union and the seventh being thePresident o the Union. The Plans investments are managed by an independent investment manager who hasull discretion and authority to eect transactions or the benet o the Plan. The Plans investments are heldseparately by a custodian.

Benefts: The Plan provides health benets prescription drugs, dental, optical, prosthetic appliance,diagnostic examinations, podiatry, hearing aid and abortion, disability, pension and health insurance counseling,burial and lie insurance benets to ull time participants o the Plan and to their beneciaries and covereddependents. Part time participants are provided dental, drug, optical, podiatry and lie insurance benets.

During the year the ollowing insured benet was in eect:

Insurer BeneitPrudential Insurance Company o America Lie Insurance

The Standard Lie Insurance Company Lie Insurance

During the year the ollowing administrative beneit contract was in eect:

Third Party Administrators Beneit

MedcoHealth Prescription Drug

The Plan operates a medical acility that provides dental care and podiatry benets. As an alternative to theregular schedule o benets, participants can elect these services with no out-o-pocket costs.

Funding: Employer contributions are made by the Employer to the Social Service Employees Union Local371 Administrative Fund (the Administrative Fund), a related organization. The Plan receives, on an as neededbasis, an allocation o these contributions (see Note 6).

Plan Termination: In the event o termination o the Plan, the Trust Agreement requires that the trusteespay all obligations o the Plan and shall distribute and apply any remaining surplus in such a manner as will, intheir opinion, best eectuate the purpose o the Plan. In no circumstances shall any unds revert or accrue to thebenet o the Union or the Employer.

Other:Although they have not expressed any intention to do so, the Plans Board o Trustees has the rightunder the Plan to modiy the Trust and to terminate the Plan.

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis o Accounting: The nancial statements were prepared on the accrual basis o accounting.

Administrative Epenses: The Social Service Employees Union Local 371 Administrative Fund pays alladministrative expenses o the Plan, other than third party administrative ees (See Note 6).

Investment Valuation and Income Recognition: Investments are reported at air value. Fair value is theprice that would be received to sell an asset or paid to transer a liability in an orderly transaction between marketparticipants at the measurement date (See Note 8 on Fair Value Measurements.)

Purchases and sales o securities are recorded on a trade-date basis. Interest income is recorded on theaccrual basis. Dividends are recorded on the ex-dividend date. Net appreciation includes the plans gains andlosses on investments bought and sold as well as held during the year. Unrealized gains or losses are thedierences between the air value o the investments held at year-end and those held at the beginning o the year.Realized gains or losses on the sale o investments are based on the historical costs o the individual investmentssold or nancial reporting purposes.

Fied Assets and Depreciation: Furniture, equipment and improvements are stated at cost lessdepreciation accumulated since acquisition and does not purport to represent replacement or realizable value. Allassets are depreciated over estimated useul lives using the straight-line method. Expenditures or normal repairso equipment are charged to current operations. All other expenditures or xed assets are capitalized.

Use o Estimates: The preparation o nancial statements in conormity with accounting principles generallyaccepted in the United States o America requires Plan management to make estimates and assumptions thataect the reported amounts o assets and liabilities and disclosure o contingent assets and liabilities at the dateo the nancial statements and the reported amounts o revenues and expenses during the reporting period. Actualresults could dier rom those estimates.

Plan Benefts: Plan obligations at June 30 or health claims incurred by active participants but not reportedat that date and or uture disability payments at June 30 are estimated by the Plans actuary in accordance withaccepted actuarial principles.

NOTE 3 TAx STATUS

The Trust established under the Plan to hold the Plans assets is intended to be qualied pursuant to Section501(c)(9) o the Internal Revenue Code, as amended and, accordingly, the trusts net income is exempt romincome taxes. The Plan has obtained a avorable tax determination letter rom the Internal Revenue Service, andPlan management believes that the Trust, as amended, continues to qualiy and to operate in accordance with

applicable provisions o the Internal Revenue Code.

NOTE 4 CONCENTRATION OF CREDIT RISk

Financial instruments that subject the Plan to concentration o credit risk include cash and short-term invest-ments. The Plan maintains accounts at high quality nancial institutions. While the Plan attempts to limit anynancial exposure, its cash deposit balances may, at times, exceed ederally insured limits. Short-term invest-ments are not covered by the Federal Deposit Insurance Corporation.

NOTE 5 RISkS AND UNCERTAINTIES

Due to various risks (e.g., interest rate, market and credit risks) associated with certain investments and thelevel o uncertainty related to changes in the value o investments, it is at least reasonably possible that changesin the balance o claims incurred but not reported is reported based on certain assumptions, which are subjectto change. Due to uncertainties inherent in the estimations and assumptions process, it is at least reasonablypossible that changes in these estimates and assumptions in the near term would be material to the inancialstatements.

NOTE 6 AGREEMENTS AND TRA NSACTIONS WITH RELATED PARTIES

The Trustees o the Social Service Employees Union Local 371 Administrative, Educational, Legal Servicesand Welare Plans decided that to simpliy operations and record keeping, all administrative expenses o theabove-mentioned benet plans would be paid by the Administrative Fund.

As stated in Note 1 the Administrative Fund is the recipient o employer contributions. These contributionsare then allocated on an as needed basis to cover the costs o the Plans benet programs and related expenses.

The Plan reimburses the Union or 50% o the Unions cost o the Health and Saety Coordinators payroll.

Benefts Funds Financial Reports


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NOTE 7 INVESTMENTS

NOTE 8 FAIR VALUE MEASUREMENTS

Financial Accounting Standards Board (FASB) Accounting Standards Codication (ASC) 820, Fair Value Measurementsand Disclosures, provides the ramework or measuring air value. That ramework provides a air value hierarchy thatprioritizes the inputs to valuation techniques used to measure air value. The hierarchy gives the highest priority tounadjusted quoted prices in active markets or identical assets or liabilities (Level 1 measurements) and the lowest priorityto unobservable inputs (Level 3 measurements). The three levels o the air value hierarchy under FASB ASC 820 aredescribed as ollows: lLevel 1: Inputs to the valuation methodology are unadjusted quoted prices or identical assets or liabilities in activemarkets that the plan has the ability to access.

lLevel 2: Inputs to the valuation methodology include:Quoted prices or similar assets or liabilities in active markets;Quoted prices or identical or similar assets or liabilities in inactive markets;Inputs other than quoted prices that are observable or the asset or liability;Inputs that are derived principally rom or corroborated by observable market data by correlation or other means.

I the asset or liability has a speciied (contractual) term, the level 2 input must be observable or substantially theull term o the asset or liability. lLevel 3: Inputs to the valuation methodology are unobservable and signicant to the air value measurement.

The assets or liabilitys air value measurement level within the air value hierarchy is based on the lowest levelo any input that is signicant to the air value measurement. Valuation techniques used need to maximize the use oobservable inputs and minimize the use o unobservable inputs.

Following is a description o the valuation methodologies used or assets at air value. There have been nochanges in the methodologies used at June 30, 2010 and 2009.

U.S. government securities: Valued at the closing price reported in the active market on which the individualsecurities are traded.

The preceding methods may produce a air value calculation that may not be indicative o net realizable valueor refective o uture air values. Furthermore, although the plan believes its valuation methods are appropriate andconsistent with other market participants, the use o dierent methodologies or assumptions to determine the airvalue o certain nancial instruments could result in a dierent air value measurement at the reporting date.

The inputs used in valuing all o the Plans investments have quoted prices in active markets or identicalsecurities (Level 1).

NOTE 9 FIxED ASSETS

NOTE 10 BENEFITS PAID

Welare Fund Audit (continued)

GOULD, KOBRICK & SCHLAPP, P.C., CERTIFIED PUBLIC ACCOUNTANTS


Social Service Employees Union, Local 371 Administrative Fund

817 Broadway, New York, New York 10003


We have audited the accompanying statements o net assets available or beneits o the Social ServiceEmployees Union Local 371 Administrative Fund as o June 30, 2010 and 2009, and the related statementso changes in net assets available or beneits or the years then ended. These inancial statements are theresponsibility o the Plans management. Our responsibility is to express an opinion on these inancial statementsbased on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States o America. Those standards require that we plan and perorm the audit to obtain reasonable assurance aboutwhether the inancial statements are ree o material misstatement. An audit includes consideration o internalcontrol over inancial reporting as a basis or designing audit procedures that are appropriate in the circumstances,but not or the purpose o expressing an opinion on the eectiveness o the Plans internal control over inancialreporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence sup-porting the amounts and disclosures in the inancial statements. An audit also includes assessing the accountingprinciples used and signiicant estimates made by management, as well as evaluating the overall inancial state-ment presentation. We believe that our audits provide a reasonable basis or our opinion.

In our opinion, the inancial statements reerred to above present airly, in all material respects, the netassets available or beneits o the Social Service Employees Union Local 371 Administrative Fund as o June 30,2010 and 2009, and the changes in net assets available or beneits or the years then ended in conormity withaccounting principles generally accepted in the United States o America.

January 25, 2011 GOULD, KOBRICK & SCHLAPP, P.C.

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITSAT JUNE 30, 2010 AND 2009

Administrative Fund


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STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITSFOR THE FISCAL YEARS ENDED JUNE 30, 2010 AND 2009


The ollowing description o the Social Service Employees Union Local 371 Administrative Fund (the Plan)provides only general inormation.

General: On July 19, 1973, the Social Service Employees Union Local 371 AFSCME, AFL-CIO (the Union)

entered into an Agreement and Declaration o Trust establishing the Plan. The purpose o the Plan is to collect employercontributions received pursuant to the collective bargaining agreement between the Union and the City o New York (theEmployer), to remit these contributions to the Social Services Employees Union Local 371 Educational, Legal Services,Welare, and Sta Pension Plans, and to pay the administrative expenses o those plans. The Plan is not subject to theprovisions o the Employee Retirement Income Security Act o 1974 (ERISA), as amended.

Plan Administration: The administration o the Plan is the responsibility o a board o trustees comprised o ivetrustees, our o whom are appointed by the executive committee o the Union and the ith being the President o the Union.The investments o the Plan are managed by an investment adviser and maintained by a separate Plan custodian.

Beneits: The Plan does not provide beneits directly to covered members; instead employer contributions areallocated to the Social Service Employees Union Local 371 Welare, Educational and Legal Services Funds on an asneeded basis to support their programs o beneits.

Funding: Contributions are made by the City o New York or covered participants based upon an annual permember amount. The contribution rate is determined by the collective bargaining agreement in eect at the time.

The Plan also receives contributions on behal o eligible employees o the Union and Plan who are providedcoverage under the Unions Beneit Plans.

Plan Termination: In the event o termination o the Plan, the Trust Agreement requires that the trustees pay all obliga-tions o the Plan and shall distribute and apply any remaining surplus in such a manner as will, in their opinion, best eectuatethe purpose o the Plan. In no circumstances shall any unds revert or accrue to the beneit o the Union or the Employer.

Other: Although they have not expressed any intention to do so the Plans Board o Trustees has the right underthe Plan to terminate the Plan and to modiy beneits provided to participants.


Basis o Accounting: The inancial statements were prepared on the accrual basis o accounting.Investment Valuation and Income Recognition: Investments are reported at air value. Fair value is the

price that would be received to sell an asset or paid to transer a liability in an orderly transaction between marketparticipants at the measurement date. (See Note 8 on Fair Value Measurements.)

Purchases and sales o securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis.Dividends are recorded on the ex-dividend date. Net appreciation includes the plans gains and losses on investmentsbought and sold as well as held during the year. Unrealized gains or losses are the dierences between the air value o theinvestments held at year-end and those held at the beginning o the year. Realized gains or losses on the sale o invest-ments are based on the historical costs o the individual investments sold or inancial reporting purposes.

Fied Assets and Depreciation: Furniture, equipment and improvements are stated at cost less depreciationaccumulated since acquisition and does not purport to represent replacement or realizable value.

All assets are depreciated over estimated useul lives using the straight-line method. Expenditures or normalrepairs o equipment are charged to current operations. All other expenditures or ixed assets are capitalized.

Administrative Epenses: The Plan pays the administrative expenses o the Social Services Employees UnionLocal 371 Educational, Legal Services, Welare, and S ta Pension Funds.

Use o Estimates: The preparation o inancial statements in conormity with accounting principles generallyaccepted in the United States o America requires Plan management to make estimates and assumptions that aectthe reported amounts o assets and liabilities and disclosure o contingent assets and liabilities at the date o theinancial statements and the reported amounts o revenues and expenses during the reporting period. Actual resultscould dier rom those estimates.

NOTE 3 TAx STATUS

The Trust established under the Plan to hold the Plans assets is intended to be qualiied pursuant to Section 501 (c)(9) o the Internal Revenue Code; accordingly, the trusts income is exempt rom income taxes. The Plan has obtained aavorable tax determination letter rom the Internal Revenue Service, and Plan management believes that the Trust, asamended, continues to qualiy and to operate in accordance with applicable provisions o the Internal Revenue Code.

NOTE 4 RISkS AND UNCERTAINTIES

The Plan invests in various investment securities. Investment securities are exposed to various risks such asinterest rate, market, and credit risks. Due to the level o risk associated with certain investment securities, it is atleast reasonably possible that changes in the values o investment securities will occur in the near term and that suchchanges could materially aect the amounts reported in the statement o net assets available or beneits.

The Plans allocations o employer contribution income and the resulting balances due rom these relatedorganizations are based on certain assumptions, which are subject to change. Due to uncertainties inherent in theestimations and assumptions process, it is at least reasonably possible that changes in these estimates and assump-tions in the near term could be material to the inancial statements.

NOTE 5 AGREEMENTS AND TRANSACTIONS WITH RELATED ORGANIZATIONS

The Trustees o the Social Service Employees Union Local 371 Administrative, Educational, Legal Servicesand Welare Plans decided that to simpliy operations and record keeping, administrative expenses o the above-mentioned beneit plans would be paid by the Plan.

As stated in Note 1, the Plan is the recipient o employer contributions. These contributions are then allocatedon an as need basis to cover the costs o each o the Unions beneit plans.

The Plan and the Union share oice acilities (see Note 10), personnel and other overhead expenses. Theseexpenses are allocated based on estimated time and space usage.

NOTE 6 PENSION PLANS FOR EMPLOYEES

The Plans eligible employees are provided pension beneits by the Social Services Employees Union Local 371Funds Sta Pension Plan, a deined contribution proit sharing plan.

Contributions to this plan were $137,998 and $136,196 or the years ended June 30, 2010 and 2009, respectively.

NOTE 7 INVESTMENTS


Financial Accounting Standards Board (FASB) Accounting Standards Codiication (ASC) 820, Fair ValueMeasurements and Disclosures, provides the ramework or measuring air value. That ramework provides a air valuehierarchy that prioritizes the inputs to valuation techniques used to measure air value. The hierarchy gives the highestpriority to unadjusted quoted prices in active markets or identical assets or liabilities (Level 1 measurements) and thelowest priority to unobservable inputs (Level 3 measurements). The three levels o the air value hierarchy under FASB

ASC 820 are described as ollows: l Level 1: Inputs to the valuation methodology are unadjusted quoted prices or identical assets or liabilities inactive markets that the plan has the ability to access.

lLevel 2: Inputs to the valuation methodology include:Quoted prices or similar assets or liabilities in active markets;Quoted prices or identical or similar assets or liabilities in inactive markets;Inputs other than quoted prices that are observable or the asset or liability;Inputs that are derived principally rom or corroborated by observable market data by correlation or other means.

I the asset or liability has a speciied (contractual) term, the level 2 input must be observable or substantially theull term o the asset or liability. lLevel 3: Inputs to the valuation methodology are unobservable and signiicant to the air value measurement.

The assets or liabilitys air value measurement level within the air value hierarchy is based on the lowest levelo any input that is signiicant to the air value measurement. Valuation techniques used need to maximize the useo observable inputs and minimize the use o unobservable inputs.

Following is a description o the valuation methodologies used or assets at air value. There have been nochanges in the methodologies used at June 30, 2010 and 2009.

U.S. government securities: Valued at the closing price reported in the active market on which the individualsecurities are traded.

The preceding methods may produce a air value calculation that may not be indicative o net realizable valueor relective o uture air values. Furthermore, although the plan believes its valuation methods are appropriate andconsistent with other market participants, the use o dierent methodologies or assumptions to determine the airvalue o certain inancial instruments could result in a dierent air value measurement at the reporting date.

The inputs used in valuing all o the Plans investments have quoted prices in active markets or identicalsecurities (Level 1).

NOTE 9 FIxED ASSETS

NOTE 10 LEASE COMMITMENTS

NOTE 11 ADMINISTRATIVE ExPENSES

NOTE 12 LINE OF CREDIT

The Plan has a $1,500,000 line o credit with the Amalgamated Bank o New York. No amount has been drawnagainst this line o credit.

Administrative Fund (continued)


9/12


GOULD, KOBRICK & SCHLAPP, P.C., CERTIFIED PUBLIC ACCOUNTANTS


Social Service Employees Union, Local 371 Educational Fund

817 Broadway, New York, New York 10003


We have audited the accompanying statements o beneit obligations and net assets available or beneits othe Social Service Employees Union Local 371 Educational Fund as o June 30, 2010 and 2009, and the relatedstatements o changes in beneit obligations and in net assets available or beneits or the years then ended. Theseinancial statements are the responsibility o the P lans management. Our responsibility is to express an opinion onthese inancial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States oAmerica. Those standards require that we plan and perorm the audit to obtain reasonable assurance about whetherthe inancial statements are ree o material misstatement. An audit includes consideration o internal control overinancial reporting as a basis or designing audit procedures that are appropriate in the circumstances, but not orthe purpose o expressing an opinion on the eectiveness o the Plans internal control over inancial reporting.


In our opinion, the inancial statements reerred to above present airly, in all material respects, the inancialstatus o the Plan as o June 30, 2010 and 2009, and the changes in its inancial status or the years then endedin conormity with accounting principles generally accepted in the United States o America.


STATEMENTS OF BENEFIT OBLIGATIONSAND NET ASSETS AVAILABLE FOR BENEFITS

JUNE 30, 2010 AND 2009

STATEMENTS OF CHANGES IN BENEFIT OBLIGATIONS

AND IN NET ASSETS AVAILABLE FOR BENEFITS

YEARS ENDED JUNE 30, 2010 AND 2009


The ollowing description o the Social Service Employees Union Local 371 Educational Fund (the Plan)provides only general inormation. Participants should reer to the beneit booklet or a more complete descriptiono the Plans provisions.

General: The Plan was established in 1965 or the purpose o providing educational beneits to eligible employ-ees covered by the collective bargaining agreement between the Social Service Employees Union Local 371 AFSCME,

AFL-CIO (the Union) and the City o New York (the Employer). It is not subject to the provisions o the EmployeeRetirement Income Security Act o 1974 (ERISA), as amended but voluntarily iles Form 5500.

Plan Administration: The administration o the Plan is the responsibility o a Board o Trustees comprisedo seven trustees, six o whom are elected by the general membership o the Union and the seventh being thePresident o the Union.

Beneits: The Plan provides a schedule o reimbursements or job-related courses, conerences, etc. The Planalso provides its own training courses at no cost to members.

Funding: Employer contributions are made by the City o New York to the Social Service Employees Union Local 371

Administrative Fund (the Administrative Fund), a related organization. The Plan receives, on an as needed basis, anallocation o these contributions (see Note 4).

Plan Termination: In the event o termination o the Plan, the Trust Agreement requires that the trustees payall obligations o the Plan and shall distribute and apply any remaining surplus in such a manner as will, in theiropinion; best eectuate the purpose o the Plan. In no circumstances shall any unds revert or accrue to the beneito the Employer or the Union.

Other:Although they have not expressed any intention to do so, the Plans Board o Trustees has the right underthe Plan to modiy the Trust and to terminate the Plan.


Basis o Accounting: The records o the Plan are maintained on the accrual basis o accounting.

Use o Estimates: The preparation o inancial statements in conormity with accounting principles generallyaccepted in the United States o America requires Plan management to make estimates and assumptions that aect

the reported amounts o assets and liabilities and disclosure o contingent assets and liabilities at the date o theinancial statements and the reported amounts o revenues and expenses during the reporting period. Actual resultscould dier rom those estimates.

Plan Beneits: Estimated liabilities or beneits incurred but not reported were estimated at 20% o beneits paidless actual accruals or beneits payable.

Administrative Epenses: The Administrative Fund pays all administrative expenses o the Plan.

NOTE 3 TAx STATUS

The Trust established under the Plan to hold the Plans assets is qualiied pursuant to Section 501(c)(3) o theInternal Revenue Code, as amended and, accordingly, the trusts net income is exempt rom income taxes. ThePlan has obtained a avorable tax determination letter rom the Internal Revenue Service, and Plan managementbelieves that the Trust, as amended, continues to qualiy and to operate in accordance with applicable provisionso the Internal Revenue Code.

NOTE 4 TRANSACTIONS WITH RELATED PARTIES

The Trustees o the Social Service Employees Union Local 371 Administrative, Educational, Legal Services andWelare Plans decided that to simpliy operations and record keeping, all administrative expenses o the above-mentioned beneit plans would be paid by the Administrative Fund.

As stated in Note 1, the Administrative Fund is the recipient o employer contributions. These contributions arethen allocated on an as needed basis to cover the costs o the Plans beneit programs and related expenses.

NOTE 5 RISkS AND UNCERTAINTIESThe balance o claims incurred but not reported is reported based on certain assumptions, which are subject to

change. Due to uncertainties inherent in the estimations and assumptions process, it is at least reasonably possiblethat changes in these estimates and assumptions in the near term would be material to the inancial statements.

NOTE 6 RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500

Amounts currently payable to or or participants, dependents and beneiciaries are recorded on the Form 5500or beneits that have been processed and approved or payment prior to June 30, 2010, but not yet paid as o thatdate, and or estimates o claims incurred but not yet reported to the Plan.

Educational Fund


10/12


GOULD, KOBRICK & SCHLAPP, P.C., CERTIFIED PUBLIC ACCOUNTANTSEmpire State Building, 350 Fifth Avenue, New York, N.Y. 10118-4309

Social Service Employees Union, Local 371 Annuity Fund817 Broadway, New York, New York 10003


We have audited the accompanying statements o net assets available or beneits o the Social Service EmployeesUnion Local 371 Annuity Fund as o March 31, 2010 and 2009, and the related statements o changes in net assetsavailable or beneits or the years then ended. These inancial statements are the responsibility o the Plans manage-ment. Our responsibility is to express an opinion on these inancial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United Stated o America.Those standards require that we plan and perorm the audit to obtain reasonable assurance about whether the inancialstatements are ree o material misstatement. An audit includes consideration o internal control over inancial report-ing as a basis or designing audit procedures that are appropriate in the circumstances, but not or the purpose oexpressing an opinion on the eectiveness o the Plans internal control over inancial reporting. Accordingly, weexpress no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosuresin the inancial statements. An audit also includes assessing the accounting principles used and signiicant estimatesmade by management, as well as evaluating the overall inancial statement presentation. We believe that our auditsprovide a reasonable basis or our opinion.

In our opinion, the inancial statements reerred to above present airly, in all material respects, the net assets avail-able or beneits o the Plan as o March 31, 2010 and 2009, and the changes in net assets available or beneits or theyears then ended in conormity with accounting principles generally accepted in the United States o America.

November 22, 2010 GOULD, KOBRICK & SCHLAPP, P.C.

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITSYEARS ENDED MARCH 31, 2010 AND 2009

Annuity Fund

GOULD, KOBRICK & SCHLAPP, P.C., CERTIFIED PUBLIC ACCOUNTANTSEmpire State Building, 350 Fifth Avenue, New York, N.Y. 10118-4309

Social Service Employees Union, Local 371 Legal Services Fund817 Broadway, New York, New York 10003


We have audited the accompanying statements o beneit obligations and net assets available or beneits othe Social Service Employees Union Local 371 Legal Services Fund as o June 30, 2010 and 2009, and the relatedstatements o changes in beneit obligations and in net assets available or beneits or the years then ended. Theseinancial statements are the responsibility o the P lans management. Our responsibility is to express an opinion on

these inancial statements based on our audits.We conducted our audits in accordance with auditing standards generally accepted in the United States o

America. Those standards require that we plan and perorm the audit to obtain reasonable assurance about whetherthe inancial statements are ree o material misstatement. An audit includes consideration o internal control overinancial reporting as a basis or designing audit procedures that are appropriate in the circumstances, but not orthe purpose o expressing an opinion on the eectiveness o the Plans internal control over inancial reporting.


In our opinion, the inancial statements reerred to above present airly, in all material respects, the inancialstatus o the Social Service Employees Union Local 371 Legal Services Fund as o June 30, 2010 and 2009, and thechanges in its inancial status or the years then ended in conormity with accounting principles generally acceptedin the United States o America.


STATEMENTS OF BENEFIT OBLIGATIONSAND NET ASSETS AVAILABLE FOR BENEFITS

AT JUNE 30, 2010 AND 2009

STATEMENTS OF CHANGES IN BENEFIT OBLIGATIONSAND NET ASSETS AVAILABLE FOR BENEFITS

YEARS ENDED JUNE 30, 2010 AND 2009


The ollowing description o the Social Service Employees Union Local 371 Legal Services Fund (the Plan)provides only general inormation. Participants should reer to the Plans beneit booklet or a more completedescription o the Plans provisions.

General: The Plan was established in 1974 or the purpose o providing prepaid legal beneits to eligible employ-ees covered by collective bargaining agreements between the Social Service Employees Union Local 371 AFSCME,

AFL-CIO (the Union) and the City o New York (the Employer). It is not subject to the provisions o the EmployeeRetirement Income Security Act o 1974 (ERISA), as amended.

Plan Administration: The administration o the Plan is the responsibility o a Board o Trustees comprised o sevenTrustees, all o whom must be members o the Legal Assistance Committee o the Union. The Unions constitution, whichdetermines the composition o the Committee, thereby determines the composition o the Board o Trustees.

Beneits: The Plan provides a program o prepaid legal beneits, which include civil and criminal deenserepresentation.

Funding: Employer contributions are made by the City o New York to the Social Service Employees Union Local 371

Administrative Fund (the Administrative Fund), a related organization. The Plan is inanced by employer contributionsallocated to it by trustees o the Administrative Fund on an as needed basis.

Plan Termination: In the event o termination o the Plan, the trust agreement requires that the trustees payall obligations o the Plan and shall distribute and apply any remaining surplus in such a manner as will, in theiropinion; best eectuate the purpose o the Plan. In no circumstances shall any unds revert or accrue to the beneito the Employer or the Union.

Other:Although they have not expressed any intention to do so, the Plans Board o Trustees has the right underthe Plan to modiy beneits provided to participants and to terminate the Plan.


Basis o Accounting: The records o the Plan are maintained on the accrual basis o accounting.Use o Estimates: The preparation o inancial statements in conormity with accounting principles generally

accepted in the United States o America requires Plan management to make estimates and assumptions that aectthe reported amounts o assets and liabilities and disclosure o contingent assets and liabilities at the date o theinancial statements and the reported amounts o revenues and expenses during the reporting period. Actual resultscould dier rom those estimates.

Administrative Epenses: The Administrative Fund pays all administrative expenses o the Plan.

NOTE 3 TAx STATUS

The Trust established under the Plan to hold the Plans assets was intended to be qualiied pursuant to Section501(c)(9) o the Internal Revenue Code and, accordingly, the trusts income is exempt rom income taxes. The Plan

has obtained a avorable tax determination letter rom the Internal Revenue Service, and Plan management believesthat the Trust, as amended, continues to qualiy and to operate in accordance with applicable provisions o theInternal Revenue Code.

NOTE 4 TRANSACTIONS WITH RELATED ORGANIZATIONS

The Trustees o the Social Service Employees Union Local 371 Administrative, Educational, Legal Services andWelare Plans decided that to simpliy operations and record keeping, all administrative expenses o the above-mentioned beneit plans would be paid by the Administrative Fund.

As stated in Note 1 the Administrative Fund is the recipient o employer contributions made by the employer.These contributions are then allocated on an as needed basis to cover the costs o the Plans beneit programs.

Legal Services Fund


11/12


STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITSYEARS ENDED MARCH 31, 2010 AND 2009


The ollowing description o the Social Service Employees Union Local 371 Annuity Fund (the Plan) provides only gen-eral inormation. Participants should reer to the beneit booklet or a more complete description o the Plans provisions.

General: The Plan is a collectively bargained single employer non-contributory deined contribution plan that

provides annuity beneits to eligible participants. The Plan was established in 1999 pursuant to a collective bargain-ing agreement between the City o New York and its agencies (the Employer) and Social Service Employees UnionLocal 371 AFSCME, AFL-CIO, (the Union). It is not subject to the provisions o the Employee Retirement IncomeSecurity Act o 1974 (ERISA), as amended.

Plan Administration: The administration o the Plan is the responsibility o a board o trustees comprised o unionoicers and appointees. The Plans investments are managed by independent investment managers who have ull discre-tion and authority to engage in transactions or the beneit o the Plan within the guidelines set by the trustees. A separatePlan custodian holds the investments o the Plan.

Contributions: Contributions are made by the Employer or covered participants. Rates are determined by the collec-tive bargaining agreement in eect at the time. The collective bargaining agreement requires contributions or all eligibleparticipants to be paid at a pro-rata daily rate not to exceed $684 per annum.

The Plan accepts rollover contributions rom other New York City Governmental Plans or employees transerringinto covered titles.

Participant Accounts: Each participants account is credited with employer contributions made on their behal plusan allocation or Plan earnings (losses) less distributions and a deduction or Plan expenses.

Vesting: Once an individual account has been established, all contributions and earnings thereon are immediatelyvested in each participants account ater the end o each quarter.

Payment o Beneits: Participants are entitled to their entire account balance. Account distributions are made upontermination o employment, retirement, death or permanent disability.

Plan Termination: In the event o termination o the Plan, the Trust Agreement requires that the Trustees shalldistribute to each employee the value o his account subject to any administrative adjustment at the time o termina-tion in such a manner that will best eectuate the Plans intent.

Other: The Plans Board o Trustees has the right under the Plan to terminate the plan and modiy beneitsprovided to participants.


Basis o Accounting: The inancial statements are prepared under the accrual method o accounting.Investment Valuation and Income Recognition: Investments are reported at air value. Fair value is the

price that would be received to sell an asset or paid to transer a liability in an orderly transaction between marketparticipants at the measurement date. See Note 10 or a discussion o air value measurements. Purchases andsales o securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividendsare recorded on the ex-dividend date. Net appreciation includes the plans gains and losses on investments boughtand sold as well as held during the year. Unrealized gains or losses are the dierences between the air value o theinvestments held at year-end and those held at the beginning o the year.

Use o Estimates: The preparation o inancial statements in conormity with accounting principles generallyaccepted in the United States o America requires Plan management to make estimates and assumptions that aectthe reported amount o assets and liabilities and disclosure o contingent assets and liabilities at the date o theinancial statements and the reported amounts o revenue and expenses during the reporting period. Actual resultscould dier rom those estimates.

Payments o Beneits: Beneit payments to participants are recorded upon distribution.Amortization o Start-up Costs:All expenses associated with the preparation o the Plans trust documents

and obtaining its tax exemption have been capitalized and amortized over a 15-year period.

NOTE 3 TAx STATUS

The Plan is a qualiied trust under Section 401(a) o the Internal Revenue Code (IRC) and is exempt rom ederalincome taxes under provision o IRC Section 501(a). The Internal Revenue Service has determined and inormed thePlan by a letter dated November 9, 2000, that the Plan and related trust are designed in accordance with applicablesections o the IRC.

NOTE 4 CONCENTRATION OF CREDIT RISk

Financial instruments that subject the Plan to concentration o credit risk include cash and short-term invest-ments. The Plan maintains accounts at high quality inancial institutions. While the Plan attempts to limit any inancialexposure, its cash deposit balances may, at times, exceed ederally insured limits. Short-term investments are notcovered by the Federal Deposit Insurance Corporation.

NOTE 5 INVESTMENTS

NOTE 6 RISk AND UNCERTAINTIES

The Plan invests in various investment securities. Investment securities are exposed to various risks such asinterest rate, market, and credit risks. Due to the level o risk associated with certain investment securities, it is atleast reasonably possible that changes in the values o investment securities will occur in the near term and that suchchanges could materially aect the amounts reported in the statement o net assets available or beneits.

NOTE 7 RELATED PARTY TRANSACTIONS

The Plan shares its oice acilities and administrative sta with the Social Service Employees Union Local 371Administrative Fund, at no cost to the Plan.

NOTE 8 ADMINISTRATIVE ExPENSES

NOTE 9 UNALLOCATED NET ASSETS

Due to timing dierences in the receipt and posting o contributions and investment income there are dierencesbetween the total o participants account balances and the net assets available or beneits o the Plan. As a result,the Plan had unallocated net assets at March 31, 2010 and 2009 as ollows:


Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 820, Fair ValueMeasurements and Disclosures, provides the ramework or measuring air value. That ramework provides a air

value hierarchy that prioritizes the inputs to valuation techniques used to measure air value. The hierarchy gives thehighest priority to unadjusted quoted prices in active markets or identical assets or liabilities (Level 1 measurements)and the lowest priority to unobservable inputs (Level 3 measurements). The three Levels o the air value hierarchyunder FASB ASC 820 are described as ollows:

l Level 1: Inputs to the valuation methodology are unadjusted quoted prices or identical assets or liabilities inactive markets that the plan has the ability to access.

l Level 2: Inputs to the valuation methodology include:Quoted prices or similar assets or liabilities in active markets;Quoted prices or identical or similar assets or liabilities in inactive markets;Inputs other than quoted prices that are observable or the asset or liability;Inputs that are derived principally rom or corroborated by observable market data by correlation or other

means.I the asset or liability has a speciied (contractual) term, the Level 2 input must be observable or substantially

the ull term o the asset or liability.l Level 3: Inputs to the valuation methodology are unobservable and signiicant to the air value measurement.The assets or liabilitys air value measurement Level within the air value hierarchy is based on the lowest Level

o any input that is signiicant to the air value measurement. Valuation techniques used need to maximize the useo observable inputs and minimize the use o unobservable inputs.

Following is a description o the valuation methodologies used or assets at air value. There have been nochanges in the methodologies used at March 31, 2010 and 2009.

Common stocks and U.S. government securities: Valued at the closing price reported in the active marketon which the individual securities are traded.

Corporate bonds:Certain corporate bonds are valued at the closing price reported in the active market onwhich the individual securities are traded. Other corporate bonds traded in the over-the-counter market and listedsecurities or which no sale was reported on the last business day o the Plan year are valued at the average o thelast reported bid and asked prices.

The preceding methods may produce a air value calculation that may not be indicative o net realizable valueor relective o uture air values. Furthermore, although the plan believes its valuation methods are appropriate andconsistent with other market participants, the use o dierent methodologies or assumptions to determine the airvalue o certain inancial instruments could result in a dierent air value measurement at the reporting date.

The inputs used in valuing all o the Plans investments have quoted prices in active markets or identicalsecurities (Level-1)

Annuity Fund (continued)


12/12


Social Service Employees Union

Local 371

817 Broadway

New York, N.Y. 10003

Periodicals Postage

Paid at New York, NY

L

ong-time SSEU Local 371 ExecutiveCommittee Member and Union

activist Basil Ebong retired February25 ater 30 years o dedicatedservice to the children andamilies o New York City.

Ebong started his careeras a Caseworker in the FoodStamps program o the Hu-man Resources Administra-tion (HRA), and then went onto work in Disability Reviewwhen he was promoted toSupervisor I (Social Work) in1985. He was later promotedto Supervisor II (SW) andwent to work or the Adminis-tration or Childrens Services (ACS), wherethere was a need or workers with an MSWdegree like him.

Ebong worked in group homes in Brook-lyn and the Bronx beore he worked in theFamily Home Care program at 150 Wil-liam Street, providing services or amiliesin need. Ater our years there, the pro-gram was reduced due to budget cuts, and

Ebong went to work at the ACS ChildrensCenter at 492 First Avenue, where he was

assigned to the Hospital Unit, ndingoster care placement orchildren who had been re-moved rom their homes dueto abuse and neglect.

Ebong had been a UnionDelegate or three years whenthen-President Charles Ensleyasked him to run or ExecutiveCommittee Member in 1989.He was elected and servedor 16 years on the UnionsExecutive Committee.

Throughout his challengingcareer, Ebong encouraged his

ellow workers to get involved in the Union.As he put it, The Union is in my blood. Ilike to advise people about the Union as away to help others.

Ebong plans to enjoy his retirement bytraveling to Nigeria to visit his amily romtime to time. A celebration in his honor washeld at T.J. Byrnes Restaurant in downtownManhattan on April 1.

Union in his blood

Active Union Member Basil Ebong Retires

SWAP- AJOS1 at East River Job Center in Long Island

City would like to swap with AJOS1 in Far Rockaway. I

interested, please call (917) 776-1223.

SWAP- CPS/FSU at 2501 Grand Course, Bronx

looking to swap with CPS at 974 Morris Park Avenue,

or CPS at 1200 Waters Place. I interested please

contact (718) 679-7561.

GREAT DEALS ON ART- Beautiul custom ramed

8 x 10 and 11 x 14 prints are available or sale.

Prices range rom $25 to $75. Prints rom artists like

Romare Bearden and more are available. Please call

Fred at (646) 265-8288.

FOR SALE- Large ceiling xture, dolly, luggage,

dishes, pots, glassware, git items, never worn

size small ladies clothing including dark brown

Borghese aux ur jacket, never worn boots and

shoes size 8, large American fags, books, new

cordless telephone with clock radio, electricians

meters and tools, lots more. Call (718) 430-1769

and leave a message.

FOR SALE- More than one thousand Jazz records in

excellent condition, including Duke Ellington, Miles

Davis, John Coltrane, Ella Fitzgerald and more. Call

Gertrude at (718) 379-6401.

CLASSIFIED ADS are ree to Union members and agency

shop ee payers in writing only (typewritten i possible) to

THE UNIONIST, 817 Broadway, New York, N.Y. 10003. Include

your work phone with ad copy, but work phone numbers

will only be printed with swap transer ads. In no instance

will ads run longer than three months. No real estate or

business ads accepted. The Union neither endorses nor is

responsible or these oerings

BULLETIN BOARDMEMBERS

Write the UnionistThe Unionistaccepts and publishes letters

to the editor, as long as they are relevant to

union issues, and are subject to editing or

length and grammar.

Letters should be typed and sent to SSEU

Local 371, Attn: Ari Paul, 817 Broadway,

14th Floor, New York, NY 10003. Or email

letters to [email protected].

File Now or Sup. II andSup. III EamsApril 26 is the ling deadline or the Supervi-

sor II (Social Services and Social Work) exams

and the Supervisor III (Social Services and

Social Work) exams. The exam is in the orm

o an Education and Experience test paper.

See the Union website at www.sseu371.org

or the Educational Funds online tutorial. Go

to www.NYC.gov/dcas or the Notice o Examand urther inormation.

CondolencesCondolences are extended to Angela Miller on the

death o her mother. Condolences can be sent to

111 Woodru Avenue, Apt. 6F, Brooklyn, NY 11226.

Ofcial 15-DayElection NoticeOcial 15-day notice is hereby given or the

nomination and election o two (2) delegates and

our (4) alternates or the Citywide delegation

rom the Department o Transportation (DOT).

The Election will take place on Wednesday, May

11, 2011 at 6:30 p.m. in the Union oce,

817 Broadway, 12th Floor, Manhattan.

Ofcial 15-DayElection NoticeOcial 15-day notice is hereby given or the

nomination and election o ten (10) delegates

and twenty (20) alternate delegates or the

Citywide delegation rom Civilians in Law

Enorcement on Thursday, May 26, 2011 at

6:30 p.m. at the Union oce, 817 Broadway,

15th Floor, Manhattan.

unionist april 2011 lr

Documents