American Postal Workers Union AFL Cio Health

“All board members are board members/officers for the american postal workers union afl-cio.”

“No other committees have authority to act on behalf of the governing body of apwu health plan.”

“Management of APWU Health Plan reviews the Form 990 for completeness, consistency and accuracy prior to filing with the IRS.”

“All employees, officers and directors of APWUHP (American Postal Workers Union Health Plan) must perform their APWUHP responsibilities in compliance with this Code of Business Ethics and Conduct, applicable laws and company policies. They are responsible for knowing, understanding and complying with this Code of Business Conduct and Ethics as well as APWUHPs policies and procedures that apply to their work. Conflict or possible conflicts are reported to the APWUHPs Compliance and Ethics Officer. This individual is currently the CFO. The Compliance & Ethics Officer and/or his/her designees will investigate alleged violations of the Code. As necessary, they may report the violation to public officials for investigation and/or prosecution and take action to maximize recover of assets. No restrictions have been imposed on any individual at this time.”

“The Director of the APWU Health Plan's compensation is set by the Constitution and By-Laws of the APWU. Increases for officers are established in the collective bargaining agreement between the USPS and the APWU National Union. The CEO'S compensation is set by a contract signed by the Director of the APWU Health Plan. Cost of living adjustments are calculated in the same manner the cost of living adjustments are calculated for APWU officers (based on the collective bargaining agreement between the USPS and the APWU National Union). Compensation for other top management of the Health Plan is set by documented compensation pay levels/ranges for each position. Salary increases are based on performance and may not exceed the maximum salary listed for that position. The salary and pay bands for management employees of the APWU Health Plan was initially established by gathering comparable compensation levels for similar positions at similar organizations. The pay bands are occasionally adjusted (every 4 to 5 years) for inflation. Changes to the pay scales are approved by the CEO. Per the APWU USPS Contract agreement, the Health Plan Director's salary was increased effective July 18, 2024. This was a cumulative increase for the following periods: $208 COLA INCREASE EFFECTIVE MARCH 11, 2023 $998 COLA INCREASE EFFECTIVE AUGUST 26, 2023 $354 COLA INCREASE EFFECTIVE MARCH 3, 2024 $977 COLA INCREASE EFFECTIVE SEPTEMBER 7, 2024 The pay scales for management personnel salaries were not changed until January 1, 2025. The Executive Director's compensation was last amended per the Constitution and By-laws on July 18, 2024. The Chief Executive Officer's employment contract was effective September 5, 2023. Other Management personnel salary scales adjustments were last completed in 2024.”

“No documents were made available to the public.”

“$ 3,725,987 Postretirement-related changes $ (31,840,866) TRANSFER AMOUNT DUE FROM OPM CONTINGENCY RESERVE ------------- $ (28,114,879) TOTAL OTHER CHANGES IN NET ASSETS =============”

“The audit of the financial statements was not complete at the time this form 990 was filed. This form 990 may be amended upon completion of the audit of the financial statements.”