Anyone know how much of our dues are allotted to a strike fund?
Not much, most of your dues were / are given to the Democratic party and to pay for perks for your union 1%ersAnyone know how much of our dues are allotted to a strike fund?
Here in 705 we pay and extra $4(p.t.) and $8(friend.t.) per month for the strike fund on top of our 2.5 x hourly rate.Anyone know how much of our dues are allotted to a strike fund?
Not much, most of your dues were / are given to the Democratic party and to pay for perks for your union 1%ers
Of course FOX NEWS doesn't dwell on these pesky facts so I fully understand your confusion but actually no dues money went to the "Democratic Party" as that is illegal. Most of your dues supports your local union's administration costs.Not much, most of your dues were / are given to the Democratic party and to pay for perks for your union 1%ers
The "nickel an hour for Teamster power" campaign developed for the Special Convention which increased dues to 2.5X promised a weekly strike fund benefit at ten times the hourly wage. Not sure if this is still accurate but I have that brochure.Anyone know how much of our dues are allotted to a strike fund?
I always thought the union should offer a strike fund savings plan. Five bucks a week into an account with your name on it. This would be a private account like a simple savings plan. Sell it as "strike fund" so it is not touched.
Five bucks a week since 1997 would now be worth $5300 at 4%.
Dues money cannot - by law - be given as political contributions. Political contributions are made via the DRIVE fund, which is an additional voluntary donation that can be auto-drafted along with dues. The only problem I have with the Teamster top brass pay/benefits are the multiple job-holders.
Of course FOX NEWS doesn't dwell on these pesky facts so I fully understand your confusion but actually no dues money went to the "Democratic Party" as that is illegal. Most of your dues supports your local union's administration costs.
Whatever happened to personal responsibility? Why couldn't you do the same with a Christmas Club account? Why put the responsibility on the Union? Why should I set aside money for someone not willing to help themselves?
75 year CD, with a minimum deposit of $100,000?Where are you going to get a 4% return?
While dues are not allowed to contribute directly to a political party and most dues go to administrative costs, they are still able to push some of the funds towards promotional articles about certain politicians in the Teamster newsletter/magazine. I've resigned myself to the Teamsters blindly supporting Democrats, but I don't think there should be any political stuff, party doesn't matter it should just be unbiased information to update the membership, at all in the newsletters/magazines.
I always thought the union should offer a strike fund savings plan. Five bucks a week into an account with your name on it. This would be a private account like a simple savings plan. Sell it as "strike fund" so it is not touched.
Five bucks a week since 1997 would now be worth $5300 at 4%.
Whatever happened to personal responsibility? Why couldn't you do the same with a Christmas Club account? Why put the responsibility on the Union? Why should I set aside money for someone not willing to help themselves?
75 year CD, with a minimum deposit of $100,000?Where are you going to get a 4% return?
Where are you going to get a 4% return?