In addition, you should ensure that your union is properly submitting per capita taxes to its parent body and is complying with legal requirements for financial reporting, recordkeeping, bonding, and loans. However, your primary task as a Trustee is to ensure that all union resources (money/assets) are used for legitimate union purposes as authorized by your membership in accordance with your constitution and bylaws. Your specific duties and responsibilities may be outlined in your union's constitution and bylaws or otherwise defined by your parent body. Few tasks could be more critical to the well-being of any organization. The Civil Service Reform Act of 1978 (CSRA) has similar provisions which apply to most unions which represent federal government employees.Īs an elected or appointed Trustee you will play a key role in making sure that your union’s funds and other assets are properly accounted for and used solely for the benefit of your union and its members. The LMRDA applies to unions which represent private sector employees and U.S. More commonly known as the Landrum-Griffin Act, the LMRDA has several provisions designed to promote the financial integrity of unions, including those pertaining to financial reporting, recordkeeping, bonding, and loans. Department of Labor’s Employment Standards Administration has prepared this Guide to further the aims of the Labor-Management Reporting and Disclosure Act of 1959, as amended (LMRDA). The Office of Labor-Management Standards (OLMS) of the U.S. Trustees from larger unions with more complex recordkeeping systems may also find this Guide helpful. For purposes of this Guide, a small union is considered to be one with annual receipts of less than $50,000. This Guide features a 10-step audit designed to help Trustees from small unions carry out their duties. Checklist for Conducting Audits in Small Unions.LMRDA Requirements Relating to Union Funds.
Ending Bank Balance Reconciliation Worksheet.Letter Requesting Access to Financial Records.Table of Contents A Message to Trustees Chapters
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