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Form 5500
Department of the TreasuryInternal Revenue ServiceDepartment of Labor Employee Benefits SecurityAdministrationPension Benefit Guaranty Corporation
Annual Return/Report of Employee Benefit Plan
This form is required to be filed under sections 104 and 4065 of theEmployee Retirement Income Security Act of 1974 (ERISA) andsections 6039D, 6047(e), 6057(b), and 6058(a) of the InternalRevenue Code (the Code).Complete all entries in accordance withthe instructions to the Form 5500.
Official Use OnlyOMB Nos. 1210 - 01101210 - 0089
2006This Form is Open toPublic InspectionPart I Annual Report Identification InformationFor the calendar plan year 2006 or fiscal plan year beginningJanuary 01, 2006, and endingDecember 31, 2006 A
This return/report isfor:(1) a multiemployer plan;(2) a single-employer plan (other than a multiple-employer plan);(3) a multiple-employer plan;(4) a DFE (specify) 
B
This return/report is:(1) the first return/report filed for the plan;(2) the amended return/report;(3) the final return/report filed for the plan;(4) a short plan year return/report (less than 12months).
C
If the plan is a collectively-bargained plan, check here
D
If you filed for an extension of time to file, check the box and attach a copy of the extension application
Part II Basic Plan Information –
enter all requested information.
1a
Name of planRETIREMENT PLAN OF THE TRUSTEES OF THE UNION SECURITY PENSION FUND
1b
Three-digitplan number (PN) 001 
1c
Effective date of plan (mo., day, yr.)June 15, 1960 
2a
Plan sponsor's name and address (employer, if for a single-employer plan)(Address should include room or suite no.)UNION SECURITY PENSION FUND395 HUDSON ST FL 8NEW YORK NY 10014-7451
2b
Employer Identification Number (EIN)13-1930084
2c
Sponsor's telephone number 212-366-7840
2d
Business code (see instructions)525100 
Caution:
A penalty for the late or incomplete filing of this return/report will be assessed unless reasonable cause is established.Under penalties of perjury and other penalties set forth in the instructions, I declare that I have examined this return/report, includingaccompanying schedules, statements and attachments, and to the best of my knowledge and belief, it is true, correct, and complete.10/03/2007STUART GRABOIS, EXECUTIVE DIRECTORSignature of plan administratorDateTyped or printed name of individual signing as plan administrator 10/03/2007UNION SECURITY PENSION FUNDSignature of employer/plan sponsor/DFEDateTyped or printed name of individual signing as employer, plansponsor or DFE as applicable
For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500.
v2.3Form
5500
(2006)
Instant View - FreeERISAhttp://www.freeerisa.com/5500/formprint.aspx?DLN=8403730...1 of 1310/31/09 12:17 PM
 
1A1G
3a
Plan administrator's name and address (if same as plan sponsor, enter"Same")SAME395 HUDSON STREET 8TH FLOORNEW YORK NY 10014-7451
3b
Administrator's EIN13-1930084 
3c
Administrator's telephone number  
4
If the name and/or EIN of the plan sponsor has changed since the last return/report filed for this plan, enter thename, EIN and the plan number from the last return/report below:
a
Sponsor's name
b
EIN 
c
PN 
5
Preparer information (optional)
a
Name (including firm name, if applicable) and addressLIPSKY GOODKIN & CO P.C.120 WEST 45TH STREET 7TH FLNEW YORK NY 10036
b
EIN 13-2672154 
c
Telephone no. 212-840-6444 
6
Total number of participants at the beginning of the plan year 
6
2,613 
7
Number of participants as of the end of the plan year (welfare plans complete only lines
7a, 7b, 7c,
and
7d
) 
a
Active participants
a
443 
b
Retired or separated participants receiving benefits
b
781 
c
Other retired or separated participants entitled to future benefits
c
1,212 
d
Subtotal. Add lines
7a, 7b,
and
7c d
2,436 
e
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits
e
108 
f 
Total. Add lines
7d
and
7e f 
2,544 
g
Number of participants with account balances as of the end of the plan year (only defined contribution planscomplete this item)
gh
Number of participants that terminated employment during the plan year with accrued benefits that were lessthan 100% vested
h
102 
i
If any participant(s) separated from service with a deferred vested benefit, enter the number of separatedparticipants required to be reported on a Schedule SSA (Form 5500)
i
138 
8
Benefits provided under the plan (complete 8a through 8c, as applicable)
a
Pension benefits
(check this box if the plan provides pension benefits and enter the applicable pension feature codes from the Listof Plan Characteristics Codes (printed in the instructions)):
b
Welfare benefits
(check this box if the plan provides welfare benefits and enter the applicable welfare feature codes from the List of Plan Characteristics Codes (printed in the instructions)):
9a
Plan funding arrangement (check all that apply) 
(1)
Insurance 
(2)
Section 412(i) insurance contracts 
(3)
Trust 
(4)
General assets of the sponsor 
9b
Plan benefit arrangement (check all that apply) 
(1)
Insurance 
(2)
Section 412(i) insurance contracts 
(3)
Trust 
(4)
General assets of the sponsor 
10
Schedules attached (Check all applicable boxes and, where indicated, enter the number attached. See instructions.)
a Pension Benefit Schedules
 
(1) R
(Retirement Plan Information) 
(2) T
(Qualified Pension Plan Coverage Information) If a Schedule T is not attached because the plan isrelying on coverage testing information for a prior year, enter the year  
(3) B
(Actuarial Information) 
(4) E
(ESOP Annual Information) 
(5) SSA
(Separated Vested participant Information)
b Financial Schedules
 
(1) H
(Financial Information) 
(2) I
(Financial Information – Small Plan) 
(3) A
(Insurance Information) 
(4) C
(Service Provider Information) 
(5) D
(DFE/Participating Plan Information) 
(6) G
(Financial Transaction Schedules) 
SCHEDULE B(Form 5500)
Department of the TreasuryInternal Revenue Service
Actuarial Information
This schedule is required to be filed under section 104 of the EmployeeRetirement Income Security Act of 1974, referred to aas ERISA, exceptOfficial Use OnlyOMB No. 1210 - 0110
2006This Form is Open to Public
Instant View - FreeERISAhttp://www.freeerisa.com/5500/formprint.aspx?DLN=8403730...2 of 1310/31/09 12:17 PM
 
Department of Labor Employee Benefits SecurityAdministrationPension BenefitGuaranty Corporationwhen attached to Form 5500-EZ and, in all cases, under section 6059(a) of the Internal Revenue Code, referred to as the Code.
Attach to Form 5500 or 5500-EZ if applicable.See separate instructions.Inspection (except whenattached to Form 5500-EZ)For the calendar plan year 2006 or fiscal plan year beginningJanuary 01, 2006, and endingDecember 31, 2006 If an item does not apply, enter "N/A." Round off amounts to nearest dollar.Caution:
A penalty of $1,000 will be assessed for late filing of this report unless reasonable cause is established.
A
Name of plan RETIREMENT PLAN OF THE TRUSTEES OF THE UNION SECURITY PENSION FUND 
B
Three digitplan number  001 
C
Plan sponsor's name as shown on line 2a of Form 5500 or 5500-EZ UNION SECURITY PENSION FUND 
D Employer IdentificationNumber 
 13-1930084 
E
Type of Plan: (1) Multiemployer (2) Single-employer (3) Multiple-employer 
F
100 or fewer participantsin prior plan year  
Part I Basic Information
(To be completed by all plans)
1a
Enter the actuarial valuation date:January 01, 2006 
b
Assets(1) Current value of assets
b(1)
$42,188,218 (2) Actuarial value of assets for funding standard account
b(2)
$41,973,224 
c
(1) Accrued liability for plans using immediate gain methods
c(1)
$46,279,666 (2) Information for plans using spread gain methods:(a) Unfunded liability for methods with bases
c(2)(a)
(b) Accrued liability under entry age normal method
c(2)(b)
(c) Normal cost under entry age normal method
c(2)(c)Statement by Enrolled Actuary (see instructions before signing):
To the best of my knowledge, the information supplied in this schedule and on the accompanying schedules, statements and attachments,if any, is complete and accurate, and in my opinion each assumption used in combination, represents my best estimate of anticipatedexperience under the plan. Furthermore, in the case of a plan other than a multiemployer plan, each assumption used (a) is reasonable(taking into account the experience of the plan and reasonable expectations) or (b) would, in the aggregate, result in a total contributionequivalent to that which would be determined if each such assumption were reasonable; in the case of a multiemployer plan, theassumptions used, in the aggregate, are reasonable (taking into account the experience of the plan and reasonable expectations).09/11/2007
 
Signature of actuaryDateVICTOR P. HARTE
G
 0504649
 
Print or type name of actuaryMost recent enrollment number MILLIMAN, INC.973-278-8860
 
Firm NameTelephone number (including area code)3 GARRET MOUNTAIN PLAZA, SUITE 101WEST PATERSON NJ 07424-3352 Address of the FirmIf the actuary has not fully reflected any regulation or ruling promulgated under the statute in completing this schedule,check the box and see instructions
1d
Information on current liabilities of the plan:(1) Amount excluded from current liability attributable to pre-participation service (see instructions)
d(1)
(2) "RPA '94" information:(a) Current liability
d(2)(a)
$52,214,892 (b) Expected increase in current liability due to benefits accruing during the plan year 
d(2)(b)
$1,492,086 (c) Current liability computed at highest allowable interest rate (see instructions)
d(2)(c)
(d) Expected release from "RPA '94" current liability for the plan year 
d(2)(d)
(3) Expected plan disbursements for the plan year 
d(3)
$2,886,439 
2
Operational information as of beginning of this plan year:
a
Current value of the assets (see instructions)
2a
$42,188,218 
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