2% proposal
1. The Grand Lodge needs money to fund the General Fund
2. To Prevent raising dues they
a. Needed each district to recruit 250 new members per year--did not happen
b. Grand Lodge cut costs--could not cut enough
3. Have not raised dues since 1977
4. Propose 2% dues
a. This is from scratch to replace our present 2 x hourly wage system, not on top of present dues
b. On straight time only, will not effect overtime pays etc..
c. % vs 2x will be fairer across the board, lower paid IAM members will see a smaller jump vs
higher paid will see a higher jump
d. Not all money goes back to the General Fund, Locals will see a jump in revenue as well
5. Proposal will be put for a vote at the Sept. National Convention
a. Local Lodge delegates will vote on proposal, we have 4
b. Locals may amend, make their own proposal
c. Delegates at the Convention may or vote down the 2% proposal or any version or alternative
presented
What was not in the slide show
1. Full explanation of what our money is being used for now (no budget slide)
2. What the new money would be used for
3. A time line on when the 2% would get us "well"
4. What would happen to any "surplus" funds once we got "well"
5. No proposed budget slide including the projected new money
