THE COURT: We have a couple of items that I was hoping we would talk about today. One is we were going to hear a report on how the funds are doing. Mr. McGuire, we have Ryk Tierney who is here.
MR. McGUIRE: Yes. Mr. Tierney is here and ready to report.
MR. TIERNEY: Thank you. My name is Ryk Tierney. I am the Executive Director of the New York City Carpenters Benefit Funds. For the record, we handle the four major funds for the carpenter benefits, which are the pension fund; the welfare fund, which includes vacation and scholarship benefits; the annuity fund; and then the apprenticeship journeyman retraining, education and industry fund. I will start with the pension fund, an update on total assets as of September 30, 2013.
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