February 26, 1957. Please correct our H. L. 154 of yesterday to W. F. Becker from A. R. Hardie re boilermakers national health and welfare fund to read but line 10 total is changed to $736,817 under "amount" sent in error as $636,817. ANNUAL STATEMENT OF THE TRUSTEES OF THE BOILERMAKERS NATIONAL HEALTH AND WELFARE FUND EXHIBIT 4-PART I Experience under insurance contracts—(Information to be obtained, in writing, from insurance companies—to cover the latest completed policy year) NOTE A. The amounts shown on this exhibit are on a policy year basis and normally will not agree with amounts on p. 4. NOTE B. State whether the amounts in the column "Dividends and Experience Rating Refunds" include any payments, direct or indirect, to any person, firm or corporation other than the policyholder. No. If "yes," explain....... The figures shown here for the policy year ending on Jan. 31, 1956, are inclusive from the inception date of the policy, which was Aug. 1, 1954. The Polio coverage was added on Feb. 1, 1956. There has been, therefore, no completed policy year at the time of this reporting, and we can supply no figures until the next renewal date. Note C.-When 2 or more of the above-listed coverages are included in 1 policy, the appropriate line items should be bracketed. EXHIBIT 4-PART II Commission and allowances under insurance contracts (information to be obtained, in writing, from insurance companies—to cover the same policy year as pt. 1) NOTE D.-If, by reason of termination of a policy, there was more than one insurer for a type of coverage, the data for one such insurer should be shown on this exhibit (pts. I and II), and data for the other should be shown on a separate sheet corresponding in all details with this exhibit. NOTE E.-Allowances should include administration fees, service fees, or any other form of allowance, reimbursement of expenses, or compensation (other than commission) paid by insurer to agents or brokers, applicants or policyholders, or to other individuals and firms. NOTE F.-State whether all of the recipients of commission and allowances were licensed as insurance agents or insurance brokers in New York State Yes. If"no," state occupation of the recipient and nature of services performed on behalf of the insurer. EXHIBIT 6.-Analysis of general expenses Kind of expense: 1. Salaries and fees of trustees, officers, and employees (ex- Amount None 2. Allowances to trustees, officers, and employees (exhibit 8)1- $15, 270. 02 3. Professional services (exhibit 7) 4. Rent. 5. Printing and stationary__ 6. Postage, telephone and telegraph, exchange and express_ 15. Add general expenses due or accrued-current year (line 7, p. 3)- 16. Deduct general expenses due or accrued-previous year____ 69, 043. 02 None 330. 31 None 639.01 14, 410. 63 None None 25.00 2, 393. 20 85.00 102, 196. 17 2 None 2 None 102, 196. 17 Allowance of $30 per diem for hotel, meals, and all other expenses except actual transportation to and from the city of the meeting. * See note 2. EXHIBIT 7.-Professional services [List below the names and addresses of recipients of payments for professional services (including but not restricted to attorneys, accountants, consultants, actuaries and physicians). Indicate the nature of the services performed, and the total compensation, fees and allowances during the year. Include payments to a firm or corporation which administers the affairs of the fund] (a) List each of the fund officers and trustees who received salary, fees, allowances, and/or travel expenses during the current year. (b) List each person, other than officers and trustees, whose salary, fees, allowances, and travel expenses exceeded $5,000 during the current year. |