Based on the bylaw change that went into effect in 2019 the union dues will be reduced from the current rate of 1.25% to 1% of your average monthly wage starting September 1st . The dues will remain at 1% as long as we keep the total of our financial accounts above $500,000.
We were able to lower the dues for a number of reasons, the first was re-evaluating all monthly expenses and either reducing the cost or eliminating it all together. Secondly, when scheduling meetings that the Union would need to pay lost wages for the meetings were set for times to minimize such cost. Third, the number of arbitrations that we have needed were reduced in part by winning multiple ones in a row which made the Companies rethink and settle grievances without going to arbitration. Forth, the amalgamation of IBEW 272 and the funds they brought with them was a big boost. Lastly, the affect that COVID-19 has had on how we do business has saved us money in lost wages and expenses for meetings by having them virtually instead of in person. Workshops and conferences that have all been canceled or have been held virtually which has saved us travel expenses.
We will continue to be responsible with your union dues and how the funds are spent, I expect that the dues will stay at the 1% amount for many years to come. We will also have the funds when needed to fight when our members are not treated fairly.