Escolar Documentos
Profissional Documentos
Cultura Documentos
2005 2006
REVENUE:
Dues $4,237,599 $4A05,336
Interest Income 1,686 7,003
Other 59,088 11,353
Expense Allocation Reimbursement - Active 266,141 171,080
Expense Allocation Reimbursement - Reti ree 194,729 165,687
Expense Allocation Reimbursement - Annuity 73,897 119,460
Total Revenue 4,833,14<1 4,879,919
2
STATE OF THE UNION :TREASURER'S REPORT CONTINUED
The following is the Summary Annual Report of the Correction Officers' Benevolent Association Annuity Fund, Security Benefits
Fund-Active and Security Benefits Fund-Retirees for calendar year 2006.
The Security Benefits Fund-Active receives $1480 per mem- The Security Benefits Fund -Retiree receives $1475 per mem-
ber/family, per year, directly from the City of New York. The Se- ber/family, per year, directly from the City of New York. The Se-
curity Benefits Fund-Active pays for the supplemental Health curity Benefits Fund-Retiree functions much the same as the
and Welfare be nefits provided by the Correction Officers' Benev- active, except that it is used exclus ively for the benefit of the Re-
olent Association. These benefits/like the Optical, Dental, Anes~ tirees. The Retiree's fund is in very good condition, and has al-
thesia, Legal Services, Nursery and other benefits such as the lowed us to make improvements to the benefits provided to the
Drug Prescription Program. Retirees.
ACTIVE RETIREE
Employers' Contributions $13,837,796 Employers' Contributions $8,065,648
Interest Income 315,593 Interest Income 82,440
2006 was another good year for Correction Officers Additions to fund net assets attributed to:
and their Annuity Fund. The fund earned more Emplovers' contri buti on s $3,404,855
tha n 5% in the year ending in 2006. This fund is one
Investment income:
of the most important fu nds managed by the COBA Interest and dividends $2,290,915
for Correction Officers. Realized gains $850,414
Unrealized gains $547,174
I'm very proud to report to COBA members that we
Total investment Income $7,093,358
are making money for them. The COBA Annuity
Fund earned more than 3.6 million dollars of in- Less: Investment Expenses $374,875
vestment income for COBA members for the year
ending 2006. As of December 31, 2006, the An nu- Total additions $6,718,483
ity Fund has a balance of $64.6 million dollars. The
Deductions from net assetsattributed to:
investment performance of our Annuity Fund is im-
Benefits paid to participants $5,763,298
pressive despite the volatility of the stock market.
Administrative expenses:
COBA GIVES $5.7 MILLION DOLLARS Professional Fees $108,765
Administrative Expenses $20,203
IN ANNUITY MONEY TO CORRECTION Office salaries and related payroll costs $33,330
OFFICERS Office Expenses $20,772
Rent $19,853
In 2006 COBA PAID OUT MORE THEN $5.7
Total Deductions 5,966,221
MILLION DOLLARS TO CORRECTION OFFICERS
WHO RETIRED. This fund is one of the most im- INCREASE IN NETASSETS
portant funds managed solely by the COBA Execu- AVAILABLE FOR BENEFITS $752,262
tive Board for Correction Officers. It is important NET ASSETS AVAILABLE
FOR BENEFITS - BEGINNING $63,931,130
because this is money that you get when we
NETASSETS AVAILABLE
retire. This is money that Correction Officers FOR BENEFITS - ENDING $64,683,392
who retired in 2006 used to relocate, or payoff
or pay down their mortgages, or used as a down
payment on a new home, or debt consolidation. COBA ANNUITY FUND
Portfolio Asset Allocation 12/31/2006
COBA HEALTH AND WELFARE FUND
RECEIVES INCREASE IN Government & Agendes
S29,410,n6
NOVEMBER 2007
4
STATE OF THE UNION:
WIDOWS' AND CHILDRENS' FUND
WIDOWS & ORPHANS
JANUARY 1, 2006 to DECEMBER, 31 2006
REVENUE:
Contri bution s $62,313
Sale of COBA Cards $8,641
Rebates $6,650
Fundraising Event - Dinner Dance $49,279
Total Revenue 126,883
EXPENSES:
Liz Castro Thanksgiving Gifts $15,000
3rd Vice President Christmas Gifrs $52,250
Dinner Dance $49,279
Subtotal $116,529
Taking care and providing for your family is
among the top commitments that this Exec-
GENERAL & ADMINISTRATIVE EXPENSES:
utive Board has made since 1995. The state
Insuranee s 1,683
of our union is strong because of our
Bank Charges $113
continued success in supporting the family
Filing Fees $35
members within our COBA family. In 1995,
Subtotal $1,831
this union did not have a fund to assist the
TotaI Expenses $118,360
families of our members who die while on
active duty. In 1996, the COBA Executive
Excess of Reven ue over Expenses $8,523
Board established the COBA Widows' and
Children's Fund to assist the children and
spouses of Correction Officers, who died WIDOWS & CHILDREN'S FUND DISBURSEMENTS
while on active duty. Eachyear, the money
raised at the annual COBA Awards Dinner is YEAR THANKSGIVING CHRISTMAS
used to provide a check in the amount of 1997 53,500.00 $32,251.28
$250 to each family of adeceasedactive Cor- 1998 56,250.00 $21,853,93
rection Officer to help them purchase their
1999 $6,500.00 $24,231.23
Thanksgiving dinner. And during the holiday
season, a check in the amount $250 is pro- 2000 $4,500.00 522,889.08
vided as a holiday gift to each widow/wid- 2001 $4,250.00 $21,769.98
ower, Additionally, a check in the amount of 2002 $5,500.00 $31.500.00
$500 is provided to each eligible child of a
2003 56,250.00 $35,310.40
deceased Correction Officer, ensuring that
each bereaved family is not forgotten. 2004 512,000.00 $48,500.00
2005 $13,000.00 551,750.00
In 2007, the COBA Widows and Children 2006 $15,000.00 $52,250.00
Fund raised over $80,000. Since 1996, the
2007 $16,000.00 $59.500.00
fund has aided 76 families of deceased
Correction Officers. I would like to use two
examples to personalize the impact of this The COBA has not forgotten Jaron or his three sisters and will continue to keep
support and the significant difference it has them cared for in the COBA family.
made in the lives of the children of deceased
officers. Jaron Gore McNeil is the son of Lauren A. Marcininkiewitz is the daughter of Correction Officer Theodore
Correction Officer Jacqueline Gore, who Marcinkiewitz. She is a sophomore on a full scholarship in the honors program
passedaway in Aug ust of 2004. Officer Gore at St. Thomas Aquinas College. She is working towards attaining a B.5 in
was assigned to AMKC. Jaron graduated elementary Education with a concentration in Social Science with the addition
from Christ the King High School in June of Special Education. She has a 4.0 GPA. The COBA has kept is commitment to
2006. He received a full scholarship to Hofs- assisting Lauren and her two brothers. These are just two examples of the ben-
tra Universi ty where he is now a sophorno re. efit of the fund.
s
STATE OF THE UNION:
SCHOLARSHIP FUND
SCHOLARSHIP FUND
JUNE 1,2005 to MAY, 31 2006
REVENUE:
Contributions $58,445
Fundraising Event - Golf Outing $43,000
Interest $259
Total Revenue $101,704
EXPENSES:
Steve Robinson Annual Golf Outing $88,869
Sergeant-at-Arms Scholarship Awards $34,000
1998 15 5
1997 15 5
1996 10
Total 226 1 10 41
6
STATE OF THE UNION:
(OBA LEGISLATIVE REPORT
7
STATE OF THE UNION: 35 SURVIVING SPOUSE MEDICAL COVERAGE
22 PATRIOT LAW
20 ACCIDENT CONFIDENTIALITY
14 DEFINED BENEFIT
13 PENSION ENHANCEMENT
12 TIER REINSTATEMENT
10 ANTI-PRIVATIZATI ON LAW
MAJOR LEGISLATION
7 MILITARY BUY BACK BILL
3 FESCES BILL
CORRECTION
2 PRIOR SERVICE BUY BACK BILL
1 20 YEAR RE-OPENER
OFFICERS
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
8
STATE OF THE UNION:
COBA LEGISLATIVE REPORT CONTINUED
9
STATE OF THE UNION:
COBA LEGISLATIVE REPORT CONTINUED
Those Correction Officers laid off on May 17, 2003 and June 6,
2003 restored to service either on November 17,2003 or Jan-
uary 14,2004, will be paid retroactively to their dates of orig-
inal appointment, step increments.
10
STATE OF THE UNION :
CONTRACTS
LONGEVITY INCREASES
4/1/ 97 7/1/ 97 3/1/98 6/1/99 6/1/00 11/1/02 11/ 1/07
Longevi ty Increases 5690 $140 $125 $290 $300 $314
5 years $2000 $2690 $2830 $2955 $3245 $3545 $3859
10 years $3000 53690 $3830 $3955 $4245 $4245 $485 9
15 years $4000 $4690 $4830 $4955 $5245 $5245 $5859
20 years $5000 $5690 $5830 $5955 $6245 $6245 $6859
SALARY INCREASES
4/1195 4/1197 711/98 611/99 8/1100 8/1/01 2/1103 211/04 511/05 5 /1 /06 8/1107 8/1/08
3% Raise 3% Raise 6% Raise 5% Raise 5% Raise 5% Raise 5% Raise 3% Raise 3.15% 4% Raise 4% Raise
$43,593 $44,901 $46,248 $49,023 $51,474 $54,048 $56,750 $59,588 561,376 $63,309 $65,841 $68,475
All increases shown are BASE PAY ONLY • Eleven (11) Raises totalling 46.15% • Total dollar amount is $24,882
'1
STATE OF THE UNION:
BENEFITS
I am very pleased to report to you that over the course of many years and
because of the diligent efforts of the (OBA Executive Board, our union has
achieved many comprehensive benefits to Improve the quality of life for every
(OBA member and their family. Ensuring that Correction Officers and their
families receive excellent benefits, which are second to none, remains among
the highest priorities for the (GBA. As you can see by the information provided
below, the state of the union benefits is remarkably strong.
Prescription Plan
1995 Ann ual Maximum Cap on drug experises- S5,000 per family
1999 Annual Maximum Cap on drug experises rose to $ 10,000 per famiIy
Chandra LaSonde Pilot Program 0% co-payment for medications relating to life threatening
Financial Secretary illnesses
Pilot Program Catastrophic Life Threatening Disease Prescription
Drug Program
Optical Plan
1995 One paIr of prescription gl asses every 2 years -
Member Reimbursed up to S35
12
STATE OF THE UNION:
OATH & DISCIPLINARY MATTERS
I am pleased to report to you that the state of our union is strong because the
COBA has maintained an excellent record in protecting the rights of Correction
Officers both on and off duty. Because of the aggressive legal representation
by (OBA's attorneys and the skillful negotiation between the Executive Board
and the DOC,the COBA has significantly lowered the amount of OATH appear-
ances for Correction Officers in recent years. Many frivolous cases have been
thrown out before even reaching formal disciplinary proceedings. Of the OATH
casesthat do go to trial, the COBA has been successful in winning the vast ma-
jority of those cases. In 1995, the number of appearances for Correction Of-
ficers hovered well over one thousand . In 2007, the COBA significantly
reduced these appearances to approximately 450. Moving forward, we will
continue to keep our union strong by vigorously defending and protecting the
Israel Rexach
rig hts of every Correcti on Officer.
1st Vice-President
Because officers often ask the union what they should expect if they are
ordered to appear before an OATH hearing, I have included this helpful infor-
mation which is detailed below:
1007 _20 09
At the pretrial conference, the parties have an opportunity, either together
Contract or individually, to speak to an Administrative LawJudge and set forth their
respective positions.
The job of the Administrative Law Judge is to attempt to resolve the matter
without a formal trial, whether by dismissal of the charges or through a nego-
tiated plea agreement. If the pretrial conference does not result in the dismissal
or settlement of the charges, the case is scheduled for a trial, usually three to
four weeks after the pretrial conference.
Know Your Rights!
If you are called to appear at an OATH pre-trial conference, you should bring
whatever documentation you have pertaining to the matter. Pretrial confer-
ences at OATH are scheduled at least two weeks in advance of the conference
date. Attorneys from COBA's law firm, Koehler & Isaacs LLP, receive discovery in-
formation on each matter two weeks prior to the pretrial conference and are
available to discuss any disciplinary matter prior to your appearance at OATH.
If you do not wish to discuss your case prior to the pretrial conference, attorneys
from Koehler & Isaacs will appear to represent you at OATH and there will be an
opportunity to discuss the matter prior to the pretrial conference.
13
STATE OF THE UNION:
HEALTH
UPDATE ON CANCER SURVEY
As you know, COBA's law firm, Koehler & Isaacs LLp, recently mailed every Correc-
tion Officer a survey to address a common concern among the membership re-
gardi ng the rate ofcancer related conditions among active and retired Correction
Officers. As the cover letter that you received indicated this initial survey is an im-
portant fi rst step in coming to grips with any problems that may exist. Th is is how-
ever, a multi-step process, and it is important to note that while the law firm is
beginning to receive the returned questionnaires from the membership, we are
still in a very preliminary stage as this information is received on a daily basis. It
is too early to draw any conclusions at this stage in a time intensive process.
Allen Blake Once it is evident that most of the membership has filled out and returned the
questionnaire, this information will be taken to medical experts who will dissem-
Corresponding Secretary
inate the collected data and then the medical experts will initiate an extensive
analysis of the data. Specifically, they will categorize the responses as appropri-
ate and use every resource available to ascertain whether the overall rate of can-
cer among Correction Officers is elevated above that of the general population.
If the incidents of cancer are elevated, the next step will be attempting to identify
potentially hazardous work locations that may be contributing to the elevated
level. The union will then better be able to advise you on what remedies to pur-
sue.The union can also use this information to influence the Department of Cor-
rection to rectify any hazardous conditions.
Each subsequent year, food, rides, music and admission were free to Correction
Karen Belfield Officers, their spouses and their children from mid-day through dusk. (OBA
members and their families gloried in the sun, fun, and rides. The response and
Recording Secretary
the praise were so great that many officers and their families write us each year
to thank the COBA for sponsoring this festive event. This is the union's way of
giving back to all (OBA members so they can have one day out of the year to
share their family with the COBA family. And by sharing and keeping our fam-
ilies together, each of us plays a role in keeping the state of our union strong.
14
uestions?
eed Answers?
Con ct Your Union!
75 Broad Street, Suite #810· New York, NV 10004· Tel: 212.274.8000. Fax: 212.274.8255
2008 COBA CARDS AVAILABLE
Contribute to the COBA Widows and Children's Fund by buying as many 2008 COBA Cards as you can. All proceeds from the
sale are earmarked for the COBA Widows and Children's Fund. The cost is $1 per card. Orders should include additional funds
to cover postage: 41 cents for one to three cards, 92 cents for four to ten cards and $1.65 for eleven totwenty cards.
Makecheckspayableto
COBA Widows and Children's Fund
75 Broad Street, Suite #810
New York, NY 10004 (212) 274-8000.
Please complete coupon below:
2008
Norman Seabrook
Preslden!