2019-03-07T13:40:13-06:00 2018-06-30 611436956 NOVAK FRANCELLA LLC ONE PRESIDENTIAL BLVD SUITE 330 BALA CYNWYD PA 19004 990 2017-07-01 136220695 PSC-CUNY WELFARE FUND PSCC 2123545230 61 BROADWAY NEW YORK NY 10006 DONNA COSTA EXECUTIVE DIRECTOR 2123545230 2019-03-07 1 LOUIS VERZELLA CPA P00360279 6106689400 2019-02-27 162.211.205.39 2019-03-07 13:39:20 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 19998950A844A1ED5F18EB360E4E9E4F9906FFA9 2017 2019-02-21 02:37:17Z DONNA COSTA 61 BROADWAY NEW YORK NY 10006 81759471 0 X N/A X 1967 NY TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL QUALIFYING PLAN PARTICIPANTS. 10 7 14 0 0 0 0 0 44097321 44123287 335917 736955 140062 85925 44573300 44946167 0 0 30960491 33821135 1525353 1587477 0 0 0 1043589 1065824 33529433 36474436 11043867 8471731 52735211 60318858 1029404 877469 51705807 59441389 THROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS. 0 0 THROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 18 0 14 1 0 0 0 0 0 0 X 10 7 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 0 X DONNA COSTA 2123545230 61 BROADWAY NEW YORK NY 10006 BARBARA BOWEN CHAIRPERSON 2.00 X 0 0 0 STEVEN LONDON EXECUTIVE OFFICER 10.00 X 11856 0 11200 TERRENCE MARTELL TRUSTEE 2.00 X 0 0 0 SHERRIAN GRANT FORDHAM TRUSTEE (P) 1.00 X 0 0 0 PAULA WHITLOCK TRUSTEE 1.00 X 0 0 0 SHARON PERSINGER TRUSTEE 1.00 X 0 0 0 ANDREA YENCO TRUSTEE 1.00 X 0 0 0 TERRY PARKER TRUSTEE 1.00 X 0 0 0 GINGER WATERS TRUSTEE 1.00 X 0 0 0 ROBERT CERMELE TREASURER 12.00 X 24730 0 0 DANIEL PINELLO SECRETARY 1.00 X 0 0 12116 DONNA COSTA EXECUTIVE DIRECTOR 40.00 X 145714 0 39220 GREG VAGELATOS ASSOCIATE DIRECTOR 40.00 X 107914 0 11459 290214 0 73995 2 0 1 0 CVS CAREMARK 1 CVS DRIVE WOONSOCKET RI 02895 ADMINISTRATIVE FEES 31494870 GUARDIAN LIFE INSURANCE 3900 BURGESS PLACE BETHLEHEM PA 18017 SERVICE FEES 11138931 EMBLEM HEALTH 55 WATER STREET NEW YORK NY 10041 CLAIMS PROCESSING 1616939 DAVIS VISION 175 EXPRESS STREET POB 9122 PLAINVIEW NY 11803 CLAIMS PROCESSING 1365216 DELTA DENTAL PO BOX 677006 DALLAS TX 752677006 CLAIMS PROCESSING 837007 8 EMPLOYER CONTRIBUTIONS 900099 43538466 43538466 SURVIVOR CONTRIBUTIONS 900099 429071 429071 ADJUNCT FAMILY CO-PAY 900099 105744 105744 COBRA REIMBURSEMENTS 900099 50006 50006 44123287 865763 865763 36684496 36813304 -128808 -128808 -128808 REBATE ROYALTIES 900099 85925 85925 85925 44946167 44209212 0 736955 33821135 364209 783898 164538 197046 77786 78002 44300 75549 317408 135681 49800 238637 136 19645 12944 37298 FEES MANDATED BY THE AF 56424 36474436 3324249 3738255 703044 12304424 246583 266997 174522 151750 34116 22772 36784478 35655055 11642741 8331355 52735211 60318858 207505 298606 821899 578863 1029404 877469 X 0 0 0 0 51705807 59441389 51705807 59441389 52735211 60318858 X 8471731 -706137 -30012 X X 0 1 X 1 0 53930 42892 11038 120592 108858 11734 22772 CITY UNIVERSITY OF NEW YORK 1044221 PRESCRIPTION FORMULARY REBATES 6972609 ACCRUED INTEREST AND DIVIDENDS 191194 OTHER 88331 DUE FROM CUNY - MEDICAL SEPARATION 35000 8331355 CONTRIBUTIONS RECEIVED IN ADVANCE 296105 POSTRETIREMENT BENEFITS, PENSION 226334 FEES MANDATED BY THE ACA 56424 578863 X 44164481 -706137 -706137 44870618 75549 75549 44946167 36398887 0 36398887 75549 75549 36474436 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN. X 0 0 0 DONNA COSTA EXECUTIVE DIRECTOR 145714 0 0 0 0 0 15473 0 23747 0 184934 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FUND HAS NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN BE EXAMINED AT THE FUND OFFICE. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES, OTHER THAN NET PERIODIC PENSION COST -30,012. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED. FORM 990, PART X, LINE 33 NET ASSETS PER THE AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE ESTIMATED CURRENT CLAIMS OBLIGATIONS OF $2,803,202 AND ESTIMATED POST-RETIREMENT OBLIGATIONS OF $781,083,853. THEY ARE REPORTED ON A SEPARATE SCHEDULE AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PROFESSIONAL STAFF CONGRESS CITY UNIVERSITY OF NY 61 BROADWAY 15TH FLOOR NEW YORK NY 10006 132638049 LABOR UNION OF PLAN PARTICIPANTS NY 501(C)(5) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 PROFESSIONAL STAFF CONGRESS CITY UNIVERSITY OF NY K 240493 BOOK VALUE PROFESSIONAL STAFF CONGRESS CITY UNIVERSITY OF NY O 34272 ACTUAL COST