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Public Employee Press: PEP Talk

Annual Reports to Fund Membership
District Council 37, AFSCME

Benefits Fund Trust

This is a summary of the annual report of the financial condition and operations for the District Council 37 Benefits Fund Trust, EIN 13-2988369, for the period July 1, 2020 through June 30, 2021.

Basic Financial Statement

The value of trust assets, after subtracting liabilities was $584,310,237 as of June 30, 2021 and $476,739,994 as of July 1, 2020. During the year, the trust had total income of $354,326,844 including employer contributions of $307,181,225, participant contributions of $274,884, and investment income of $46,870,735.

Trust expenditures were $246,756,601. These expenditures included $4,641,409 in administrative expenses and $242,115,192 in distributions to affiliated funds to finance benefits and operating expenses.

Your Rights to Additional Information

You have the right to receive from the trust 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 trust and accompanying notes, or both.

As always, if you should have any questions, or require any additional information, please do not hesitate to contact the Fund office at 212. 815.1234 or by writing to District Council 37 Benefits Fund Trust, 55 Water Street, 22nd Floor, New York, NY 10041.