Civic Intelligence

New York State Public Employees Federation

EIN 13-2808635 • 501(c)5 • Albany, NY

Profile

Nys public employees federation (pef) is a union representing the professional, scientific and technical employees of new york state and several private agencies. Pef exists to promote the welfare of its members by representing them with respect to all terms and conditions of employment. Pef shall support and defend the concepts of individual merit and ethical performance as criteria for public service employees in order to best promote efficient delivery of services to the citizens of new york state. Pef recognizes that all power ultimately resides in the sovereignty of the citizens and shall therefore insist that the government operate to serve and not dominate its citizens. Similarly, it recognizes that pef exists as sole bargaining agent for its members because of the mandate of this constituency and is hereby bound to serve the interests of its members.

PO Box 12414Albany, NY 12212

nyspef.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.65x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)5 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.53x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)5 • $50M-$100M nonprofits • Source year 2025

Net Margin

26th percentile

2.6%

Higher net margin than 26% of similar nonprofits.

501(c)5 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

60th percentile

$305,797

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

$50M-$100M nonprofits • Source year 2025

Asset Growth

43rd percentile

7.6%

Faster asset growth than 43% of similar nonprofits.

501(c)5 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

9.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)5 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$39,228,073

Up $2,763,143 (+7.6%) from 2024

Liabilities

Up

$25,387,805

Up $2,159,304 (+9.3%) from 2024

Net Assets

Up

$13,840,268

Up $603,839 (+4.6%) from 2024

Revenue

Up

$48,051,840

Up $4,082,186 (+9.3%) from 2024

Expenses

Up

$46,808,108

Up $3,813,194 (+8.9%) from 2024

Net Income

Up

$1,243,732

Up $268,992 (+28%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $15,827,398Liabilities 2010: $14,871,209Net Assets 2010: $956,1892010Assets 2011: $17,623,298Liabilities 2011: $17,478,746Net Assets 2011: $144,5522011Assets 2013: $17,666,543Liabilities 2013: $14,578,606Net Assets 2013: $3,087,9372013Assets 2014: $20,017,060Liabilities 2014: $15,880,507Net Assets 2014: $4,136,5532014Assets 2015: $20,715,158Liabilities 2015: $19,014,750Net Assets 2015: $1,700,4082015Assets 2016: $19,363,615Liabilities 2016: $19,083,164Net Assets 2016: $280,4512016Assets 2017: $20,000,314Liabilities 2017: $18,700,669Net Assets 2017: $1,299,6452017Assets 2018: $20,247,519Liabilities 2018: $14,232,910Net Assets 2018: $6,014,6092018Assets 2019: $22,484,695Liabilities 2019: $15,092,725Net Assets 2019: $7,391,9702019Assets 2020: $22,808,280Liabilities 2020: $16,849,301Net Assets 2020: $5,958,9792020Assets 2021: $28,910,998Liabilities 2021: $17,422,109Net Assets 2021: $11,488,8892021Assets 2022: $31,308,144Liabilities 2022: $16,097,187Net Assets 2022: $15,210,9572022Assets 2023: $34,967,695Liabilities 2023: $20,120,649Net Assets 2023: $14,847,0462023Assets 2024: $36,464,930Liabilities 2024: $23,228,501Net Assets 2024: $13,236,4292024Assets 2025: $39,228,073Liabilities 2025: $25,387,805Net Assets 2025: $13,840,2682025

Highlighted filing

2025

Assets$39,228,073
Liabilities$25,387,805
Net Assets$13,840,268

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $37,394,8492010Expenses 2011: $39,514,9022011Revenue 2013: $35,236,873Expenses 2013: $34,613,365Net Income 2013: $623,5082013Revenue 2014: $36,328,498Expenses 2014: $35,298,500Net Income 2014: $1,029,9982014Revenue 2015: $36,451,802Expenses 2015: $39,105,921Net Income 2015: -$2,654,1192015Revenue 2016: $37,247,343Expenses 2016: $38,214,123Net Income 2016: -$966,7802016Revenue 2017: $38,627,751Expenses 2017: $37,778,372Net Income 2017: $849,3792017Revenue 2018: $38,999,859Expenses 2018: $37,782,840Net Income 2018: $1,217,0192018Revenue 2019: $38,504,552Expenses 2019: $37,274,002Net Income 2019: $1,230,5502019Revenue 2020: $38,372,951Expenses 2020: $37,663,204Net Income 2020: $709,7472020Revenue 2021: $37,933,489Expenses 2021: $34,610,465Net Income 2021: $3,323,0242021Revenue 2022: $40,993,536Expenses 2022: $37,332,741Net Income 2022: $3,660,7952022Revenue 2023: $40,393,285Expenses 2023: $40,721,761Net Income 2023: -$328,4762023Revenue 2024: $43,969,654Expenses 2024: $42,994,914Net Income 2024: $974,7402024Revenue 2025: $48,051,840Expenses 2025: $46,808,108Net Income 2025: $1,243,7322025

Highlighted filing

2025

Revenue$48,051,840
Expenses$46,808,108
Net Income$1,243,732

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.2$25.4$13.8$48.1$46.8$1.24
2024Detailed filing. Detailed filing data is available for this year.$36.5$23.2$13.2$44.0$43.0$0.97
2023Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$35.0$20.1$14.8$40.4$40.7$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.3$16.1$15.2$41.0$37.3$3.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$17.4$11.5$37.9$34.6$3.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$16.8$5.96$38.4$37.7$0.71
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$22.5$15.1$7.39$38.5$37.3$1.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$14.2$6.01$39.0$37.8$1.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.0$18.7$1.30$38.6$37.8$0.85
2016Detailed filing. Detailed filing data is available for this year.$19.4$19.1$0.28$37.2$38.2$0.97
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$19.0$1.70$36.5$39.1$2.65
2014Detailed filing. Detailed filing data is available for this year.$20.0$15.9$4.14$36.3$35.3$1.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$14.6$3.09$35.2$34.6$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$17.5$0.14$39.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$14.9$0.96$37.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 15, 2026
Return Version
2024v5.2
Gross Receipts
$51,158,230
Mission and Program Overview

Mission

Nys public employees federation (pef) is a union representing the professional, scientific, and technical employees of new york state and several private agencies. Pef exists to promote the welfare of its memers by representing them with respect to all terms and conditions of employment. Pef shall support and defend the concepts of individual merit and ethical performance as criteria for public service employees in order to best promote efficient delivery of services to the citizens of new york state. Pef recognizes that all power ultimately resides in the sovereignty of the citizens and shall therefore insist that the government operate to serve and not dominate its citizens. Similarly, it recognizes that pef exists as sole bargaining agent for its members because of the mandate of this constituency and is hereby bound to serve the interests of its members.

Nys public employees federation (pef) is a union representing the professional, scientific, and technical employees of new york state and several other public agencies. Pef exists to promote the welfare of its members by representing them with respect to all terms and conditions of employment. Pef shall support and defend the concepts of individual merit and ethical performance as criteria for public service employees in order to best promote efficient delivery of services to the citizens of new york state. Pef recognizes that all power ultimately resides in the sovereignty of the citizens and shall therefore insist that the government operate to serve and not dominate its citizens. Similarly, it recognizes that pef exists as sole bargaining agent for its members because of the mandate of this constituency and is hereby bound to serve the interests of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,584,267$15,517,198▲ $932,931
Savings and Temporary Cash Investments$11,024,422$13,038,462▲ $2,014,040
Land, Buildings, and Equipment, Net$4,443,216$4,184,396▼ $258,820
Accounts Receivable$1,902,273$2,474,582▲ $572,309
Other Notes and Loans Receivable, Net$520,577$726,006▲ $205,429
Prepaid Expenses and Deferred Charges$624,305$565,338▼ $58,967
Investments Program Related$166,681$166,625▼ $56
Total Assets$36,464,930$39,228,073▲ $2,763,143
Other Assets Total$3,199,189$2,555,466▼ $643,723
Liabilities
Accounts Payable and Accrued Expenses$22,756,504$24,773,530▲ $2,017,026
Other Liabilities$471,997$614,275▲ $142,278
Total Liabilities$23,228,501$25,387,805▲ $2,159,304
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,142,205$13,751,437▲ $609,232
Net Assets With Donor Restrictions$94,224$88,831▼ $5,393
Total Net Assets Fund Balance$13,236,429$13,840,268▲ $603,839
Total Liabilities and Net Assets / Fund Balance$36,464,930$39,228,073▲ $2,763,143

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,650,009$1,840,236$3,490,245
Leasehold Improvements$2,534,387$904,775$3,439,162
Other Assets Org$2,233,718--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward GreeneGeneral CounselFT$220,845$84,952$305,797
Joseph CocciDirector of MisFT$194,540$77,863$272,403
Christopher LeoChief of StaffFT$200,469$70,578$271,047
Debra GreenbergDirector of Contract AdministrationFT$184,188$76,515$260,703
Katherine VorwaldStatewide Director of Field ServicesFT$175,838$75,977$251,815
Todd KernerExecutive DirectorFT$197,275$49,485$246,760
Wayne SpencePresidentFT$119,878$22,321$142,199
Joseph DonahueSecretary-treasurerFT$66,425$11,646$78,071
Darlene WilliamsVice-presidentFT$60,193$9,725$69,918
Randi DiantonioVice-presidentFT$41,621$6,869$48,490
Sharon DesilvaVice-presidentFT$23,434$1,293$24,727
Bruce GiddingsVice-presidentFT$7,416$1,383$8,799

Board Members and Trustees

NameTitle
Abdallahi DiopExecutive Board
Albert FamularoExecutive Board
Amy PacholkExecutive Board
Andrew MichelaExecutive Board
Angela RehExecutive Board
Angelo PolitoExecutive Board
Aseem KumarExecutive Board
Barbara ConiglioExecutive Board
Barbara FaheyExecutive Board
Bellew McmanusExecutive Board
Brandon HillExecutive Board
Brian DeckerExecutive Board
Brian DuboisExecutive Board
Brittany LacikExecutive Board
Brooke BoschExecutive Board
CATHERINE DELL'ANGELOExecutive Board
Carl AnkrahExecutive Board
Carlos GarciaExecutive Board
Catherine AdamsExecutive Board
Christopher JordanExecutive Board
Conrad DavisExecutive Board
Daniel WinklerExecutive Board
David TakorExecutive Board
Denise MartinExecutive Board
Erik LatremoreExecutive Board
Francis McintyreExecutive Board
George HowardExecutive Board
Germaine GrecoExecutive Board
Gregory SalamidaExecutive Board
Gustavo SantosExecutive Board
Gwendolyn CulpepperExecutive Board
Harold BrewsterExecutive Board
Heather CravenExecutive Board
Heather KammererExecutive Board
Hesham El MeligyExecutive Board
Indermattie BalkaranExecutive Board
Jakob WestmanExecutive Board
Joan RosegreenExecutive Board
John IngramExecutive Board
John ThomsenExecutive Board
Jordan BlatzExecutive Board
Joseph KleinExecutive Board
Joseph UginoExecutive Board
Joshua DejesusExecutive Board
Juanita HicksExecutive Board
Karen TullyExecutive Board
Kathryn SchultzExecutive Board
Keith BrowneExecutive Board
Kenneth JohnsonExecutive Board
Kevin JonesExecutive Board
Kimberly JensenExecutive Board
Kyle JacobsonExecutive Board
Laura CloidtExecutive Board
Leticia RiveraExecutive Board
Lisa WellsExecutive Board
Lise MaloneyExecutive Board
Lori GreenizenExecutive Board
Mamadou DialloExecutive Board
Mario ChiarelloExecutive Board
Matthew KarpExecutive Board
Matthew MyersExecutive Board
Maureen KozakiewiczExecutive Board
Myron GetmanExecutive Board
Nicole TarsonExecutive Board
Pamela AugustExecutive Board
Patricia MasonExecutive Board
Patricia OtooleExecutive Board
Paul UebelhoerExecutive Board
Rachel Amodio-koppExecutive Board
Raymond MorozExecutive Board
Richard VehlowExecutive Board
Robert HodsonExecutive Board
Robin MatthewsExecutive Board
Ross DorseyExecutive Board
Rudy AriasExecutive Board
Sabu CherianExecutive Board
Sametta Shaw-lipiecExecutive Board
Sangeetha KailasExecutive Board
Scarlett AhmedExecutive Board
Scott DobeExecutive Board
Scott HektorExecutive Board
Scott WendtExecutive Board
Sean DobbinExecutive Board
Shari HunzikerExecutive Board
Sharon LambExecutive Board
Stacy MoreyExecutive Board
Stephanie ChampagneExecutive Board
Steven BrooksExecutive Board
Steven DrakeExecutive Board
Susan BilliExecutive Board
Tanya OliverExecutive Board
Timothy BoppExecutive Board
Vicki SweetExecutive Board
Vincent CicatelloExecutive Board
Vivian FaltoExecutive Board
William ClingersmithExecutive Board
William FergusonExecutive Board
Yatram JagroopExecutive Board
Young DesawExecutive Board
Christopher BumanPef Trustee
Kelly NadeauPef Trustee
Muriel Hardy-leePef Trustee
Radhakrishna MohanTrustee
Michele IorfidaRegion 1 Coordinator
Tamara MartinRegion 10 Coordinator
BERNADETTE O'CONNORRegion 11 Coordinator
Corinne TestaRegion 12 Coordinator
Shelby WisneskiRegion 2 Coordinator
Leisa AbrahamRegion 3 Coordinator
Gina CoronaRegion 4 Coordinator
Monica MooreRegion 4 Coordinator
David DubofksyRegion 5 Coordinator
Scott StaubRegion 5 Coordinator
Christopher DunhamRegion 6 Coordinator
Barbara StranskyRegion 7 Coordinator
Danielle BridgerRegion 8 Coordinator
Gabriela FranklinRegion 9 Coordinator

Highest Paid Contractors

ContractorServicesLocationCompensation
On Services LLPProduction Services6779 CRESCENT DRIVE, Norcross, GA 30071$243,444
First Colonie CompanyHotel And Conference Center660 ALBANY SHAKER RD, Albany, NY 12211$230,300
Cdh CPA PllcIt Support Services100 PIERCE ROAD SUITE 100, Itasca, IL 60143$130,514
The Data CenterSoftware Services426 NEW KARNER RD, Albany, NY 12205$125,211
Crest Hauppauge LLCRentPO BOX 50004, Newark, NJ 07101$100,225
Revenue and Support

Revenue Composition

Contributions and Grants
$606,644
Program Service Revenue
$44,381,800
Investment Income
$1,367,544
Other Revenue
$1,695,852
All Other Contributions
$606,644
Change in Net Assets
$1,243,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,439,009
Revenue Not Reported on Financial Statements
$12,612,831
Revenue Not Reported on Form 990
$-140,893
Other Revenue Adjustments
$12,612,831
Total Revenue per Audited Statements
$35,298,116
Total Revenue per Form 990
$48,051,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,551,706
Other Expenses$23,210,302
Grants and Similar Amounts Paid$46,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$13,329,429
Other Employee Benefits---$6,024,673
Travel---$3,676,126
Pension Plan Contributions---$3,038,029
All Other Expenses---$1,467,701
Payroll Taxes---$1,159,575
Occupancy---$1,136,854
Other Expenses---$930,870
Depreciation Depletion---$694,214
Information Technology---$630,718
Advertising---$409,763
Payments to Affiliates---$331,945
Fees for Services Lobbying---$265,115
Fees for Services Legal---$234,372
Insurance---$226,496
Office Expenses---$126,249
Grants to Domestic Individuals---$46,100
Interest---$16,427
Total Functional Expenses$0$0$0$46,808,108

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$46,808,108
Expenses per Audited Statements$34,195,277
Total Expenses per Audited Statements$34,195,277
Expenses Not Reported on Financial Statements$12,612,831
Other Expense Adjustments$12,612,831
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$265,115
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$347,600
Employee Organizational Leave$266,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Nys pef represents approximately 54,000 members with an additional 4,400 non members who opted out of, or did not join, the union and do not receive certain benefits.

Form 990, Part VI, Section A, Line 7A

The members of pef elect new statewide officers (president, secretary-treasurer, three vice presidents), trustees, regional coordinators and executive board members on a 3 year cycle and quarterly for any vacancies that may occur. The statewide officers (president, secretary-treasurer, 3 vice presidents) and trustees are elected by the entire membership. Pef is divided by county into 12 regions - each region elects a region coordinator to represent them. Pef's membership is further divided into 19 departments. These 19 departments elect one executive board member for every 500 members. The elections are administered by the american arbitration association. Current terms began 08/01/2024. Next term begins 08/01/2027. These members meet quarterly to conduct pef business. In addition, pef has an annual convention where delegates are elected by agency/facility on a ratio of 1 delegate for 50 members. These delegates, per the pef constitution have the final power of authority in the organization. They have the power to require and receive reports, adopt a legislative program, act on amendments to the constitution of pef, establish general policies through resolutions and act on other business as necessary.

Form 990, Part VI, Section A, Line 7B

One of pef's main intitatives is to negotiate a contract with nys for the members pef represents. This contract is approved by the executive board and then sent to the membership for ratification.

Form 990, Part VI, Section A, Line 8B

Pef has several internal committees that meet and report to the executive board. While minutes are taken at some meetings, it is not required of all meetings. These committees make recommendations to the executive board, they do not have authority to enact any policies or procedures in the union.

Form 990, Part VI, Section B, Line 11B

The 990 is emailed to the board prior to submission.

Form 990, Part VI, Section B, Line 15

Pef's salaries are based on two salary schedules, one for management confidential employees and one for union represented employees. These salary schedules were established over 20 years ago and changes that are made either by percentage or incremental increases are a result of contract negotiations and approval by the executive board.

Form 990, Part VI, Section C, Line 19

Pef's governing document - the pef constitution and the pef policy manual are available on the pef website, www.pef.org. The financial statements are printed in the comminicator, pef's publication that is available to all members and non-members of the organizations. There are also two special publications - the annual report to the members and to the delegates that includes financial and organization information and is available to the membership. With the implementation of the seiu ethics policy, the entire executive board and staff are required to go through training where a copy of the policy is received.

Filing and Contact Details

Filer

Filer Name
New York State Public Employees
EIN
13-2808635
Phone
5187851900
Address
PO BOX 12414, ALBANY, NY 12212

Signing Officer

Name
Raymond Brown
Title
Director of Finance
Phone
5187851900
Signed
2026-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Spence
Formed
1979
Legal Domicile
Ny
Voting Board Members
120
Independent Board Members
120
Employees
190
Volunteers
0

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Kaitlyn Worley
Phone
5184644080
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Post-retirement charges -499,000.

FORM 990, SECTION VI PART B LINE 13:

The organization has a committee to oversee the financial statement audit and the selection of the independent auditor, there has been no change from the prior year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Expenses that were netted against revenue on the financial statements 12,612,831.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Expenses that were netted against revenue on the financial statements 12,612,831.

Raw XML AppendixShowing 400 of 1,465 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0NYS PUBLIC EMPLOYEES FEDERATION (PEF) IS A UNION REPRESENTING THE PROFESSIONAL, SCIENTIFIC, AND TECHNICAL EMPLOYEES OF NEW YORK STATE AND SEVERAL OTHER PUBLIC AGENCIES. PEF EXISTS TO PROMOTE THE WELFARE OF ITS MEMBERS BY REPRESENTING THEM WITH RESPECT TO ALL TERMS AND CONDITIONS OF EMPLOYMENT. PEF SHALL SUPPORT AND DEFEND THE CONCEPTS OF INDIVIDUAL MERIT AND ETHICAL PERFORMANCE AS CRITERIA FOR PUBLIC SERVICE EMPLOYEES IN ORDER TO BEST PROMOTE EFFICIENT DELIVERY OF SERVICES TO THE CITIZENS OF NEW YORK STATE. PEF RECOGNIZES THAT ALL POWER ULTIMATELY RESIDES IN THE SOVEREIGNTY OF THE CITIZENS AND SHALL THEREFORE INSIST THAT THE GOVERNMENT OPERATE TO SERVE AND NOT DOMINATE ITS CITIZENS. SIMILARLY, IT RECOGNIZES THAT PEF EXISTS AS SOLE BARGAINING AGENT FOR ITS MEMBERS BECAUSE OF THE MANDATE OF THIS CONSTITUENCY AND IS HEREBY BOUND TO SERVE THE INTERESTS OF ITS MEMBERS.
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