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MAY 1, 2008 WORKING DUES DECREASE - (4/9/2008)

  • As you are aware on October 20, 2004 we put into effect the Assessment Surcharge when the local's net assets falls below $825,000.  The surcharge will remain in effect until May 1st of the year immediately followng the issuance of year-end audit report in which the local's net assets exceed $1,100,000. 
  • At the year end of 2007 our net assets were $1,543,213. 
  • Therefore, effective May 1, 2008 your working dues will be decreased to 3% of your gross pay.


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