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Why a strike assessment? A strike assessment helps
fund out-of-work strike benefits. The Local 315 strike fund, guarantees that
a striking member will receive a *$55 weekly benefit in addition to what the
International Brotherhood of Teamsters pays out. It will ensure that Local
315 members will not suffer financial strain during a strike. A strike
may become eminent when an employer refuses to compromise with the members
in reaching a fair contract, and all resources for settlement have been
exhausted.
The fund is also used for education and organizing--efforts which build up
the membership's power and resources. Every member of the union plays a role in building the strike fund. Each member must pay an annual assessment of $36.00. The payment is due on or before March 31st of each year, and must be paid directly to Local 315 (if your employer has an agreement to deduct it--do verify that the $36 was deducted from your paycheck). Failure to do your part, compromises the fund. Therefore, a $5 late penalty is added each month through the year it is unpaid. Participate and don't pay late!
*Currently the local weekly benefit is $75.00. The amount may fluctuate, and is dependent on the fund balance, strike history, bargaining unit size, and pay-out activity.
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