the electrical worker november 2010
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8/8/2019 The Electrical Worker November 2010
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W W W . I B E W . O R G
What will ittake to put
Americans backto work mak-
ing things again? Will we eversee more Made in U.S.A.
labels on theshelves of big box storeslike
Wal-Mart, Best Buy and Target? Or will the
flood of Chinese-made productscontinue,
adding to an alarming 26,000 U.S. manufac-
turing plantsthat have shutdown since China
joined the WorldTrade Organization in 2001,and pushing more hard-working men and
women out of jobs?
OnSeptember29, thevoices of frustra-
tion burst through Washingtonsgridlock. With
a bipartisan vote of 348-
79, the House tookthe
strongestactionyet by
passing a bill, sponsored
by Reps.Tim Ryan (D-
Ohio) andTim Murphy(R-
Pa.), to challengeChinas
practice of undervaluing
its currency.
A Hidden Taxon Companies
The Ryan-Murphy bill gives U.S. trade officials
the right to impose tariffsagainst exportsthat
are priced artificially low because of currencymanipulation.
Chinas currency manipulation is a hid-
den tax on ourcompanies thatseekto
export, said IBEW International President
Edwin D. Hill in a letterto Congress urging rep-
resentatives to vote for the Ryan-Murphy bill.
Currencymanipulation may soundcom-
plex, inside baseball to everyone but profes-
sionaleconomists. But for tradeunionistswho
take pride in notbeingcheatedwhetherat
the car dealershipor the bargaining tablethis
is a knowable, real-lifephenomenonone that
has picked pockets and torched good-paying
jobsfrom Peoria to Providence to Pensacola.
RobertScotthas conducted research on
U.S. tradewithChina formanyyears attheEconomicPolicy Institute. Scott agrees with
other analystswho say thateliminatingChinese
currencymanipulation wouldgenerate between
300,000 and1 million U.S.jobs.His work
showsthat theU.S. trade deficit withChina
thedifferencebetweenwhat theU.S. imports
and exportsis deeply affectedby China sand-
bagging theprice of its currency, theyuan.
U.S. Wages, Jobs, ExportsUnder Pressure
First,Chinese imports are 35 percent cheaper
in the U.S. than they would be if the two
nationshad a fair trading relationship.
Second, U.S. manufacturers are tempted to
spend more dollars outsourcing operations to
China. Not only is labor cheaperand govern-
ment regulation of environmental quality and
labor standards weaker than at home, butthe
dollarbuys more equipmentabroad.
As thetrade imbalance withChina drags
on,the wagesof workerswho remainin the U.S.
manufacturing sector are put under greater
pressure.Right-wing economists contendthat
U.S.workingfamilies gainfrom cheap imported
consumergoodsand so-calledfree trade.But
lostjobs and reducedwages from outsourced
I N T H I S I S S U E
F I R S T P U B L I S H E D I N 1 8 9 3
I N T E R N A T I O N A L B R OT H E R H O O D O F E L E C T R I C A L W O R K E R S Vol. 4 | No. 11 | November 2010
MANUFACTURINGCRISIS continued onpage 2
| North of 49
| NEAPnotices
| Transitions
Circuits
| Auditors report
0 | Local Lines
8 |Editorials
9 | Lettersto the Editor
Who WeAre
0 | In Memoriam
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Abandonedfactories in theUnited States are
thelegacyofChinas predatorymonetarypolicies.
MANUFACTURINGCRISIS
Roadblock to Recovery:Made in China
PhotousedunderaCreativeCommonslicensefrom
flickruserOl.v!er[H2vPk].
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8/8/2019 The Electrical Worker November 2010
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2 T h e E l e c t r i c a l W o r k e r | N o v e m b e r 2 0 1 0
Manufacturing Crisis
Continued from page 1
competition neutralizethe benefitsof
cheapertoasters andTVs.In 2003, mechanicMatt Slifer
lost hisjob when Agereshut down
its Allentown,Pa., microelectronics
plant andmovedto China.Almost
4,000members of now-defunctLocal
1522 at the former Western Electric
plantbegan collecting theirpen-
sions,severance packages or went
looking forwork.Alsolosing work
wasAllentown Local375, whichfre-
quently dispatchedinside journey-
manwiremen towork in theplant.
Slifer, who earned $30 an hour
before the shutdown, was hired in
the publicworks department of
Upper Macungie Township, wherehe and another formerAgere worker,
Burt Serfass, organized a bargaining
unitof Local 375.Sevenyearsafter
the plant shutdown, Slifermakes
$21.50 an hour. Agere is still mak-
ing theirstuff for somebody,says
Slifer, contending that stronger
action onChina back then could
have saved the only good manufac-
turing jobs left in Allentown.
The wage gap between Slifers
current and past jobs mirrors a
nationaltrend,exacerbatedby unfair
trade.Between2001 and2007, 66per-
cent ofpersonal incomegrowthwent
tothe top1 percent ofAmericans.
IBEWRaised AlarmYearsAgo
TheIBEW, says Hill, is no newcomer
to challenging Chinas predatory
tradeand monetary policies. In
2003, theunionjoined theIUE-CWA
in testifying before the International
Trade Commission, charging that
China wasdumpingTVs on the
U.S. market, orselling them below
the costof production.Despite the
lobbying and legal efforts, thou-
sands of IBEW members lost their
jobsto Chinas aggressivetradeactions, addingto thepyramid of job
lossesin the1990s when Zenith and
RCAmoved production to Mexico.
Jim Repace, formerbusiness
managerof now-defunctNorth
Canton, Ohio, Local 1985, sounded
the alarmyears ago, long before
Whirlpool sold the towns iconic
Hoovervacuum cleanerplant to
China-based Techtronic Industries
Inc. (See Ohio Members Hold Tight
to HooverVacuum CleanerPlant,
IBEW Journal, January/February
2007).The facility that once
employed 2,400 IBEW members
shut down in the fall of 2007.I remembertelling people that
manufacturing was the real driver of
the U.S. economy and that we
couldntsurvive a service-based
economy, says Repace, who regu-
larly hears from members who are
angered when they see Hoovers
label on vacuum cleaners produced
in China on local shelves.
A down economy, and years of
lobbying by labororganizationsand
some domestic manufacturers
working in coalition with farmers
and environmentalistshave con-
tributed to the growing conscious-
ness thatsomething mustbe doneabout unfair trade with China and
othernations.
EconomicPatriotism
TheAFL-CIOs call foreconomic
patriotism has taken root, fertilized
by reportsthat the U.S. Chamber of
Commerce accepted donations from
severalforeign countries to help
fund midterm election attack ads
against incumbent members of
Congresswho supportfair trade.
A June bipartisan poll con-
ducted by Mark Mellman and Whit
Ayresshowed that 86 percent of vot-ers want Washington to focus on
manufacturing, and 63 percent feel
that working people who make
thingsare being forgotten while Wall
Streetand banks get bailouts. Lost
jobs drive the poll numbers.
Since China entered the World
Trade Organization in 2001, Scott
estimates that the trade deficitwith
China displaced 2.4 million jobs.
NationalDefenseat Risk
Even thenationsdefenseis at stake.
As theindustrial basehas hollowed
out, itwill becomemuch more diffi-cultto rampup domesticproduction
in a timeof national emergency,
economist JeffFaux toldthe House
Subcommittee on NationalSecurity
and ForeignAffairsin lateSeptember.
Fauxcalled attention to the weaken-
ingsense of loyaltyamong the man-
agers of U.S. companies that
outsource, citing theexample of Cisco
Systems,a majormilitary contractor
that hassetup research anddevel-
opmentin China. Whatwe aretrying
todo,saysCiscosCEO,is toout-
line an entire strategy ofbecoming a
Chinese company.
ManyNorth Americansplace
their hopes on rebuilding domestic
manufacturing to equipa growing
renewableenergysector. Butwithout
a more balancedtradingsystemwith
Chinaand othernations, some of the
benefitsof green energywillbe blown
awayby foreign-made windturbines
ordry up onimported solarpanels.
The EPI reports thatU.S. manufactur-
ing in windenergy components actu-
allydropped33 percentin 2009.
FairTrade Helps Workersin Both Countries
Despite the overwhelming evidence
of damage from Chinasunfaircur-
rency and trade policies, some econ-
omists and politicians continue to
argue against reining in the Asian
giant.They saythat a trade war
would backfire on the U.S. because
China holds a massive amount of
U.S. treasury bonds.This argument
ignores how much the success of the
Chinese economy is tied to con-
sumer demand in the U.S.The U.S. andChina must coex-
ist in a complex, global economy.
Our trade representatives need to
bargainsmartand hard,says Hill.
Like in labor negotiations, says Hill,
sometimes the seemingly vulnera-
ble partner retainssignificant lever-
age to close a betterdeal.
Progressiveeconomistssay
toughertradeand currency policy
alone cannotrebuildU.S. manufactur-
ing.Thatwill take investmentincen-
tives foremployerswho aresetting up
shop athome, aswellas penaltiesfor
employers who offshore production
measures currently beingconsidere
by theObamaadministrationas pa
of theCreatingAmericanJobs and
EndingOffshoring Act introducedby
Democrats in Congress.
While helpingto rebuilddema
forU.S. manufactured goods here,
increasing thevalueof Chinascur-
rency throughtougher diplomacy on
trade can help ward offinflation the
increasing theincomes ofChinese
workersand giving them accesstomanyof thesame consumer goods
thatare nowexported to thedetri-
ment of industrialized nations.
Tougher PoliciesAreNot Protectionist
Despitethe currenttrade imbalance
theU.S. still exportsbillions of dolla
of electrical machinery, powergene
tionequipment,and other industria
output toChina.An increasein thos
exportswould puttens of thousand
of U.S. citizens towork.
Thehigh-profilecurrencyconfli
is evenbringing traditionalfree tradearoundto theneedfor more balance
exchange of goodsand services.
In a recent Washington Post
story, Robert J. Samuelson writes:
The trouble is that China has nev
genuinelyaccepted the basicrules
governing the world economy. Chin
followsthose rules when they suit
its interests and rejects, modifieso
ignores them when they dont.
Demanding currencyreform, writes
Samuelson, is not protectionism b
the U.S. It is [aimed] at curbing
Chinese protectionism. T
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edwin-d-hill.
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Chinas undervalued currency makesChinese products cheaper in the
U.S. and American productsmore expensive in China.
$28.04 billionThe U.S. trade deficit with China in July 2010
2.4millionThe numberof U.S. jobs lost to unfair trade with Chinasince 2001
1millionNumber of U.S.jobs thatwould be createdby Chinas currencyrealignment
$500billionAmountthe U.S. deficitwould be reduced by in the next six years if China
stopped manipulating its currency
Sources: EconomicPolicyInstitute and WallStreetJournal
U.S./China Trade Bythe Numbers
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8/8/2019 The Electrical Worker November 2010
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When Toronto, Ontario,
Local 353journeyman
wireman Karen Pullen
first enteredthe trade
morethan20 yearsago,the attitude
towardwomen in construction wasnt
verywelcoming.In fact, itwas down-
right hostile,she says.
I went home crying almost
every day, shesaid. Despitesome
bad experiences, Pullens love of the
trade pulled herthrough. I knew I
didntwant to sitat a desk,so I put
on a tough attitude along with my
bootseach morning.Todayshe is the chairof Local
353swomens committee. Pullen
says a lot haschanged forthe better
since then.
Its still a mans world, but the
culture has changed dramatically.
She creditsLocal 353s leadership
for pushing the union to be more
accepting of women and less toler-
ant of some of the backward atti-
tudesshe encountered.
Butthere arestillfewerthan
100 women in the approximately
8,000-memberlocal.
Local 353 isnt unique,says
Rosemary Sparks,senior director ofplanning and development for the
Construction SectorCouncila non-
profit partnership between the con-
struction industry and the federal
government.
The council estimates that only
4 percent of Canadas construction
workforce isfemale.
But the aging of the baby
boomer generation and Canadas
looming skilled worker shortage
means that contractors and unions
must tap into new sources of labour.
This means targeting underrepre-
sented groups like women, Sparks
says. We have to maximize the poolof availableskilled workers, which
means we need to getmore women
involved in the trades.
The council organized a
nationalsymposium on women in
construction lastMarch, bringing
together 50 representatives from the
construction industry, womens
groupsand trade unions.The sym-
posiums report found thatgender
stereotypesand lack of information
about construction careers were big
obstacles to female recruitment.
A lotof young women are just
not aware of the opportunities that
exist in construction,Sparks says.
The councils report recom-
mends that students be exposed to
opportunities in the trades early on,
using women tradesmen to talk up
careers in construction. It also rec-
ommends setting up mentoring pro-
grams that would team experienced
journeymen like Pullen with new
apprentices to help them through
the often trying training process.
There has to be proactive out-
reach to makeit work, Sparks says.
Sparkssays that while work-
place culture has changed in many
positive ways, unions and employ-
ers must continue to make clear
what kind of behaviors are unac-
ceptable in the 21st century con-
struction industry.
Itjust takes onebad incident
todriveoff a decentworkerand to
make everyone look bad, shesaid.
Pullensays she is pushing to
get female IBEW members into local
schools to talk to young women
about the electrical trade. We need
to get to them as early as thesixth
and seventh grades,so they can get
started on a career path in the
trades, shesaid.
For the IBEW to continue to
grow, we must make sure our mem-
bership reflects the diversity of
Canada, says First District Vice
President Phil Flemming, who partic-
ipated in the symposium. By knock-
ing down barriers to participation in
our greatBrotherhood, we are
improving the qualityof lifefor all
our members. T
North of 49 | Au nord du49 parallle
First District Opens Doors to Women in Construction
Le Premier District ouvre la porte auxfemmes dans la construction
Selon la consoeurKaren
Pullen, compagnon-lec-
tricien et membre de la
S.L. 353 deToronto, en
Ontario, les femmesntaient pas
trs bien accueillies dans lindustrie
de la construction lorsquelle est
entre dans le mtier, il y a plus de
vingt ans dj. Ellestaient confron-
tes un comportement carrment
hostile leur endroit.
Tous lesjours, je revenais la
maison en pleurant dit-elle. Cest
son amourdu mtier qui la aide
passer travers certaines expri-
ences difficiles. Pour moi, il tait
clair que je ne voulaispas travailler
assise derrire un bureau, alors tous
les matins, je chaussais mes bottes
et jaffichais une attitude de dure
cuire ajoute la consoeur Pullen.
Celle qui agitmaintenant en
tant que prsidente du Comit des
femmesde la Section locale 353
croit que les chosesse sont beau-
coup amliores depuis ce temps.
Bien que nous soyonsencore
dans un monde dhommes, la cul-
ture a changde faon significative
dit-elle. Elle exprime sa reconnais-
sance aux dirigeants de la Section
locale 353 qui encouragent les
syndiqus mieuxaccueillir les
femmesdans le mtieret ne plus
tolrer les attitudes hostiles leur
gard comme dans le pass.
Bien que cette Section locale
regroupe prs de 8,000 membres,
elle ne compte que 100 femmes.
Cettesituationnest pas
unique laS.L.353, souligne
Rosemary Sparks,Directrice
principale de la planification et du
dveloppementau Conseil sectoriel
de la construction, un organisme na-
tional sansbut lucratifissu dun
partenariat entre lindustrie delacons-
truction et le gouvernementfdral.
Le Conseil sectoriel estime
que 4% seulement dessalaris de
lindustrie de la construction sont
des femmes.
Toutefois, le vieillissement de
la gnrationdes baby-boomerset la
pnurie de main-duvre qualifie
prvuepour bientt au Canada
forceront les entrepreneurs et les
syndicats se tourner versdautres
sources de main-duvre. Cela
signifie quilsdevront cibler des
groupes sous-reprsents, dontcelui
desfemmes, affirme MmeSparks.
Nous devonsmaximiser le
bassin de travailleurs qualifis
disponibles ce qui veut dire quil
fautfaire entrer plusde femmes
dans lesmtiers .
Au mois de mars dernier, le
Conseil a tenu un symposium nation-
alsur laprsencedesfemmesdansla
constructionregroupant 50 reprsen-
tants en provenancede lindustriede
la construction,des groupesde
femmeset dessyndicatsde mtier. Le
compte-rendudu symposiumdmon-
treque lesstrotypes sexuelset le
manquedinformation concernant les
carrires dansla construction se sont
avrs desobstaclesmajeurs au re-
crutement des femmes.
Plusieurs jeunesfemmes
ignorent toutes les opportunits qui
soffrent elles dans lindustrie de
la construction dclareMme Sparks.
Le rapport du symposium
recommande que lon sensibiliseles
tudiantesplus tt sur les opportu-
nits quileur sont offertes en travail-
lant dans un mtier, en ayant recours
desfemmes quiexercentun mtier
danscette industrie afin quelles
fassent la promotion des carrires
possiblesdansla construction. Il y
est galement recommand dtablir
des programmesde mentorat qui
pourraientjumeler des compagnons
dexprience, tel que la consoeur
Pullen, des nouveaux apprentis
pour lesaider passer travers le
difficile processus de formation.
Il fautavoirune aide proac-
tive si nous voulonsque ce soit effi-
cace dit MadameSparks.
Selon MadameSparks, bien
que la culture en milieu de travail ait
chang de faon positive bien des
gards, les syndicats et lesem-
ployeurs doivent continuer trans-
mettre un message clairen inform-
ant les travailleurs surtoutes lesat-
titudes et comportements jugs
inacceptables en ce 21e sicle dans
lindustrie de la construction.
Il suffitdun seul incident d-
plorable pourfaire fuir un bon tra-
vailleur et pour ternirla rputation
de tous les autres, affirme-t-elle.
MadamePullententede dcider
lesautresconsoeursde laFIOEde se
rendre dans lescolesde la rgion
afin deparler deleurmtier dlec-
tricien auxtudiantes. Nousdevons
sensibiliserces jeunes dsla sixime
ou la septimeanne, afinquelles
puissentbaucher leurplan de car-
rire dansle mtier , dit-elle.
Afin quela FIOE continuede
progresser, nous devonsnous assurer
que nos effectifs refltent la diversit
du Canada. En renversant toutes les
barrires pourune meilleure partici-
pationau sein de notre grandefra-
ternit,nous contribuons amliorer
laqualit devie detousnos mem-
bres , conclutle Vice-prsident du
PremierDistrict, PhilFlemming, qui a
particip ce symposium.T
T h e E l e c t r i c a l W o r k e r | N o v e m b e r 2 0 1 0 3
W W W . I B E W . O R G
For the IBEW to continue to grow, we mustmake sure our membership reflects the diversity
of Canada.
Phil Flemming, First District Vice President
Afin que la FIOE
continue de progresser,nous devons nous
assurer que noseffectifs refltent la
diversit du Canada .
Phil Flemming, le Vice-prsidentdu Premier District
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8/8/2019 The Electrical Worker November 2010
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4 T h e E l e c t r i c a l W o r k e r | N o v e m b e r 2 0 1 0
This isa summaryof the annualreportfor theNational ElectricalAnnuityPlan, #52-6132372, fortheyearendedDecember31, 2009.Theannual reporthas been filed withthe Employee BenefitsSecurityAdministration, as required underthe Employee RetirementIncomeSecurity Actof 1974(ERISA).
Basic Financial Statement
Benefitsunderthe planare providedby a trust.Plan expenseswere$121,833,242.These expenses
included $9,026,113 in administra-tive expensesand $112,807,129 inbenefits paidto participantsandbeneficiaries.A total of 82,433 per-sonswere participants in or benefi-ciariesof the plan atthe end oftheplanyear, althoughnot allof thesepersonshad yetearnedthe right toreceive benefits.
Thevalue of planassets, aftersubtracting liabilitiesof theplan,was $2,698,382,446as ofDecember 31, 2009, compared to
$2,246,007,067as of January 1,2009.During theplan yearthe planexperienced an increase in itsnetassets of $452,375,379.Thisincrease includes unrealized appre-ciation or depreciation in thevalueof planassets; that is, thedifferencebetween thevalue of theplansassets atthe endof the yearand thevalue of theassets at thebeginningofthe yearor the costof assetsacquired during theyear. Theplanhadtotal incomeof $574,208,621,including employer contributions of$235,413,550,gains of$33,485,508 from thesale of
assets,earnings from investmentsof $304,649,077, andotherincomeof $660,486.
Minimum FundingStandards
Enough money was contributed tothe plan tokeep itfundedin accor-dance withthe minimumfundingstandards of ERISA.
Your Rights to AdditionalInformation
You have therightto receivea copyofthe full annualreport, orany partthereof, on request. Theitemslistedbelow areincluded in that report:
an accountantsreport; financial information andinfor-
mationon paymentsto serviceproviders;
assetsheld forinvestment; loans or other obligationsin
defaultor classified as uncol-lectible;
transactionsin excessof 5 per-
cent of planassets; insurance information, includ-
ingsales commissions paidbyinsurance carriers; and
information regarding any com-mon or collective trusts,pooled separate accounts,master trusts, or 103-12
investment entitiesin whichtheplan participates.
To obtaina copyof the fullannual report, or anypart thereof,write or callthe office of theTrusteesof theNational ElectricalAnnuityPlan, whoare theplan administra-tors, 2400 Research Boulevard,Suite 500, Rockville, Maryland20850-3266, (301)556-4300.Thechargeto covercopying costs will be$13.50 forthe full annual report, or$.25per pagefor anypart thereof.
You alsohavethe right toreceive fromthe plan administrator,
on request andat no charge, a state-ment of theassets andliabilitiesoftheplan andaccompanying notes,ora statementof incomeand expensesof theplan andaccompanying notes,orboth.If you request a copyof thefull annualreport from theplanadministrator,these two statements
and accompanying noteswill beincluded as part of that report. Thecharge to cover copying costs givenabove does notincludea chargefothecopyingof these portions of thereport because theseportionsarefurnished without charge.
You also havethe legally-pro-tectedrightto examine theannualreportat themain officeof theplanat 2400 ResearchBoulevard, Suite500, Rockville,Maryland 20850-3266, andat theU.S.DepartmentLaborin Washington, D.C.,or toobtaina copy from theU.S.Departmentof Laborupon paymen
of copying costs. Requeststo theDepartmentshould be addressedtU.S.Departmentof Labor, EmployeBenefits Security Administration,Public Disclosure Room, 200ConstitutionAvenue, NW, RoomN-1513, Washington, D.C. 20210.
2009 Summary Annual Report for the National Electrical Annuity Plan
Notice to Participants in the National Electrical Annuity Plan
Explanation of Preretirement Surviving Spouse Benefi
If youare married anddie beforeretirement, NEAPwillprovide yourspousewith a PreretirementSurvivingSpouseBenefit.Yourspouse willreceive this benefitif:(1) youhavesat-isfiedthe minimum eligibilityrequire-ment of160 hoursof service; (2)youhave a balance inyour IndividualAccount; (3)you diepriorto receiving apensionbenefit;(4) youare married;and(5) youhavenot previouslydeclined thePreretirementSurvivingSpouseBenefit.
Ifyou are entitledto aPreretirement Surviving SpouseBenefit,NEAP will purchasean
annuitycontractfrom an insurancecompanyfor your spouse.The annu-ity contract willpay yoursurvivingspouse a monthly benefitfor life.Monthly payments will start within areasonableperiodof time after yourdeath.The amount of themonthlybenefitdepends upon(1) theamount in yourIndividual Account;(2) yourspousesage (and, there-fore, his/herlife expectancyandprospective benefitpaymentperiod); and (3) theinsurancecom-panys price forannuitycontracts.
Elections/Consents
If youare underage 35,yourspousewillautomaticallyreceivethe Preretire-mentSurvivingSpouse Benefituponyourdeath (unless yourspouse selectsa lumpsum paymentinsteadof theannuity).You maynot declinethePreretirementSurvivingSpouse Benefitunless you havepermanentlystoppedworking in CoveredEmployment.
However, beginning the yearyou reach age35 andat any timethereafter,you maydecline thePreretirement Surviving SpouseBenefit.Your spouse mustconsentin writing andthe consent must bewitnessed by a representativeofNEAPor by a notary public.Consentgivenby a spouse isnot effective asto a subsequent spouse.
You mayrevoke yourelection todeclinethe Preretirement SurvivingSpouse Benefitat anytime.You mayagain declinethe PreretirementSurviving Spouse Benefitat anytimeby executing theappropriate formand obtaining yourspousescon-sent. Your spouse mayalso revokehis/herconsent at anytime.Contactthe Plan Administrators Officeforthe appropriate forms.
LumpSum
If you decline the PreretirementSurviving SpouseBenefit, yourIndividual Account balance will bepaid to yourdesignated survivingbeneficiary in a lump sum. Ifyourdesignatedsurvivingbeneficiary isnotyourspouse, your spousemustalsoconsentto that as well, in ordefor itto bevalid.
If youhave notdesignatedabeneficiary (or your designated beeficiaryis not living atthe timeofyourdeath), thebalance willbe pato thefollowing persons, if living,ithefollowing orderof priority: (1)yourspouse, (2) your children, (3)yourparents,or (4) your estate. Thtotal amount of money received aslumpsum mayultimatelybe different(either greater or lesser)than ttotal amount of money yourspousewould have received under thePreretirement Surviving SpouseBenefit.Thisis becausethePreretirement Surviving SpouseBenefitis an annuityand dependsonthe timevalue ofmoney andholong yourspouse lives. Additionalinformationis available from thePlan Administrators Office. TDEADLINE: NOVEMBER 30, 2010
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to capture a scene, a portrait, a moment in pursuitof the soul and spirit of the IBEWcloses onNov. 30. Enter now!
See www.ibew.org to enter
2010
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APPOINTED
Scott Hudson
Eighth District
International
Representative
ScottHudson
was appointed
Director of
Construction
Organizing for Membership
Development, effectiveSeptember 1.
A native of Billings, Mont.,
Brother Hudson was initiated into
Billings Local 532 in 1975, working as
an inside wireman.Attending schoolin Billings, he wasa member of the
Teamsters and Laborers unions
before joining the IBEW.
Serving on Local 532s bargain-
ing committee, he was appointed
organizer/staff representative in
1993.In 2002 hewas appointed
assistantbusiness manager before
becoming businessmanagerin 2003.
Local 532 representsinside,
outside, telecommunicationsand
utilityworkers throughoutsouthern
Montana. Hudson was active in
enhancing the localstraining pro-
gram, ensuring Local 532 continued
to produce the best trained electri-
cal workers in thestate.
Hudson also served as presi-
dent of the Southeastern MontanaBuildingTradesCouncil and as dele-
gate to the Yellowstone Valley
Central Labor Council.
In 2007, he was appointed
International Representative for the
Eighth District. Based in Utah, he
was responsible forservicingSalt
Lake City Locals57 and 354 and
Delta, Utah, Local 1619.
I thank President Hillfor this
opportunity,says Hudson. Im
committed to working tirelessly to
make sure the IBEW continues to
grow, assuring that our Brotherhood
remainsthe right choice for workers
and contractors alike.
The IBEW officers, staff and
membership wish Brother Hudson
much success in hisnew position. T
DECEASED
Owen LinnKerth
TheIBEWis sad-
dened to report
the September
27, 2010, death
of retired
International
Representative
Owen LinnKerth atthe ageof 87.
A native of Padukah, Ky., Brother
Kerthwas initiated intoLocal816 in
1948, servingas president andbusi-
ness managerbefore hisappointmentas Kentucky stateindustrial relations
commissioner.He served in thatoffice
from 1959 to 1962, during which time
he chairedthe International
Association of GovernmentalLabor
Officialsjoint Canadian/UnitedStates
minimumwage committee.
Hewas also presidentof the
Padukah BuildingTrades Council, the
citycentral labor counciland the
WesternKentucky Area LaborCouncil.
Heserved onthe Council on
IndustrialRelations several times.
He was appointed Fourth
District International Representative
in 1962, then moved to theInternational Office the following
year, where he worked in the
Construction and Maintenance
Department.A memberof the
Masonswho also enjoyed sports,
Brother Kerth wasknown around the
officefor hissense of humor. He
retired in 1983.
TheIBEWofficers, staff and
members wish BrotherKerths chil-
dren, grandchildren, great-grandchil-
dren andmany friends andfamily
our mostheartfeltcondolences. T
Transitions
T h e E l e c t r i c a l W o r k e r | N o v e m b e r 2 0 1 0 5
W W W . I B E W . O R G
Circuits
Calif.Trolley Workers: IBEWs Other Linemen
Three members of San Diego, Calif., Local 465 recently completed years of
schooling and apprenticeship to become light-rail vehicle linemen for the
citystrolley systemall while working the night shift at theirjobs.
San DiegoTrolleyInc.
employeesCarlos Casana,
DavidWoolnoughand
StephanieSuworow logged
more than four yearsof class
time and8,000hoursof hands-
on training in electronics,HVAC
systems andsemiconductorsat
SanDiegoCityCollege.The com-
panycreated thepartnership
with theschoolin the1990s to
offera streamlined path for
employeesto boosttheirskills
in maintaining a mass transit
systemthatservices as many as
110,000ridersa day.
Therigorous programsometimes demanded19-hourdays, including
school,work and commuting. It was themost challenging thing Iveever expe-
rienced, butIm extremely happywith my pay increase, saidWoolnough, 34.
He saidthat his IBEW-negotiated contractoffers wagesand jobsecuritythat he
never received in his prioryearsworkingin thenonunionconstruction field.
The employees provide electricaland mechanicalmaintenance for the
134 cars in thecompanys light-rail fleet.Thecars service 53milesof track,
andthe systemis widelypopular with visitorsto theareaand residents alike.
Casana, 45who immigrated to California with his family from Peru in
2003graduated with top honors. It was tough going, butenjoyable, he
said. It was common to be covered in grease and oil during our lunch hours
while we broke out the books and calculatorsto get our assignments done.
The students received payincreases with each successful semester,
and will continue to garnerhigher wages on the job everysix monthsfor the
duration of theircontract.T
SanDiego Local465 members DavidWoolnough,left, and Carlos Casana, arenow trolley linemen.
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Report of IndependentAuditorsTothe International ExecutiveCouncilof the InternationalBrotherhoodof Electrical Workers:
We haveaudited the accompanying consolidatedstatements of financial positionof the InternationalBrotherhood of Electrical Workers and subsidiaries(collectivelythe International Union) as of June30,2010 and2009,and therelated consolidated statements of activitiesand of cash flows forthe yearsthenended.Thesefinancialstatementsare the responsibility of the International Unions management.Our
responsibility is to express an opinionon these financialstatements basedon ouraudits.Weconducted ouraudits inaccordancewith auditing standardsgenerally acceptedin theUnited StatesofAmerica. Those standardsrequirethatwe plan andperform an audit to obtainreasonableassurance aboutwhetherthe financialstatementsare freeof material misstatement. An auditincludes consideration ofinternalcontrol over financialreporting asa basisfor designingauditproceduresthatare appropriate inthecircumstances, butnot forthe purposeof expressing anopinion on theeffectivenessof theInternationalUnions internal control overfinancialreporting.Accordingly,we express no suchopinion. An auditalsoincludesexamining, on a test basis,evidencesupporting theamounts anddisclosuresin thefinancialstatements,assessing the accountingprinciplesused and significantestimatesmade by the InternationalUnions management,as wellas evaluating the overall financial statement presentation. We believe thatourauditsprovidea reasonablebasisfor ouropinion.
In ouropinion,the financial statements referredto abovepresentfairly,in allmaterial respects, theconsoli-dated financial positionof theInternational Brotherhood of Electrical Workersand subsidiariesas of June30,2010and 2009, andthe consolidatedchanges in theirnet assets andtheir consolidatedcash flowsfor theyears thenended,in conformity withaccountingprinciplesgenerallyacceptedin theUnitedStatesof America.
Washington, DCSeptember 2, 2010
International Brotherhood of Electrical Workers and Subsidiaries
ConsolidatedStatements of Financial PositionJUNE 30,2010AND 2009
2010 2009
Unappropr iated Appropr iated Total Total
AssetsCashand cashequivalents $7,766,909 $ $7,766,909 $5,668,478
ReceivablesLoansand advancesto
chartered bodies 1,613,500 1,613,500 2,660,000Per capita tax receivable 9,095,398 9,095,398 10,580,789DuefromTrustfor the
IBEW Pension Benefit Fund 749,291 749,291 967,983Accrued interest and dividends 720,391 720,391 765,525Security s ales p ending s ettlement 927,200 927,200 7,784,129Other 1,327,079 1,327,079 1,438,356
Total receivables 14,432,859 14,432,859 24,196,782
Investmentsat fair value 192,289,444 161,089,787 353,379,231 331,863,414
Unbilledrent receivable 5,703,778 5,703,778 4,678,587
Cashcollateral heldforsecurities on loan 22,134,402 22,134,402 15,404,074
Propertyand equipmentat costLand,buildingandimprovements 130,385,579 130,385,579 129,741,480Furniture a nd e quipment 45,957,638 45,957,638 44,928,739
176,343,217 176,343,217 174,670,219Accumulateddepreciation (35,354,598) (35,354,598) (28,637,288)
Netpropertyandequipment 140,988,619 140,988,619 146,032,931
Other assets
Deferred leasing, organizationandfinancingcosts(netofamortization) 3,223,646 3,223,646 3,561,140
Prepaid expenses 1,638,847 1,638,847 473,108Inventory of merchandiseand
office supplies, at cost 1,281,993 1,281,993 1,624,084Deposits 8,000 8,000 8,000Other 300,472 300,472 375,115
Total other assets 6,452,958 6,452,958 6,041,447
Totalassets $389,768,969 $161,089,787 $550,858,756 $533,885,713
Liabilitiesand NetAssets
LiabilitiesAccrued expenses $5,013,643 $ $5,013,643 $5,415,065Excess of projected benefit
obligationoverpensionplanassets 86,832,612 86,832,612 98,840,354
Liabilityforpostretirementbenefits 161,089,787 161,089,787 153,060,5Security purchasespending
settlement 5,254,279 5,254,279 15,292,6Deferred p er c apita t ax r evenue 5,385,983 5,385,983 5 ,030,1Reciprocity Agreementfunds
pending settlement 4,118,939 4,118,939 1,749,29Liability to return cash collateral
held f or s ecurities o n loan 22,134,402 22,134,402 15,404,0Mortgage loan payable 67,079,245 67,079,245 69,575,2
Other 1,203,229 1,203,229 1,140,6Totalliabilities 197,022,692 161,089,787 358,112,479 365,507,9
Unrestricted net assets 192,746,277 192,746,277 168,377,7
Totalliabilitiesand netassets $389,768,969 $161,089,787 $550,858,756 $533,885,7
International Brotherhood of Electrical Workers and Subsidiaries
ConsolidatedStatements of ActivitiesYEARSENDEDJUNE30, 2010 AND20
2010 2009
Unappropriated Appropriated Total Total
OperatingrevenuePer capita tax $96,684,462 $ $96,684,462 $93,548,39
Initiation andreinstatementf ees 1,129,014 1,129,014 1 ,430,4Rental income, net 13,626,427 13,626,427 13,531,4Sales of supplies 836,366 836,366 967,4Other income 3,228,494 3,228,494 4,096,9
Total operatingrevenue 115,504,763 115,504,763 113,574,6
Programservices expensesField servicesand programs 88,448,106 11,253,728 99,701,834 93,224,2IBEWJournalandmediarelations 6,299,853 327,274 6,627,127 7,312,7Industrytradeprogram 11,772,624 1,506,208 13,278,832 12,777,6Per capita tax expense 7,241,650 7,241,650 7,304,7Legal defense 2,426,626 2,426,626 2,401,2
Totalprogramservices 116,188,859 13,087,210 129,276,069 123,020,6
Supporting servicesexpensesGovernance andoversight 6,572,856 763,192 7,336,048 7,256,4General admini strat ion 7,651,221 1,331,291 8,982,512 8,333,29
Totalsupportingservices 14,224,077 2,094,483 16,318,560 15,589,7
Total operatingexpenses 130,412,936 15,181,693 145,594,629 138,610,3
Change in netassetsfromoperations beforeinvestmentand other income (14,908,173) (15,181,693) (30,089,866) (25,035,71
Investment income(loss)Interest and dividends 8,324,694 8,324,694 8,754,5Net appreciation(depreciation)
in f ai rva lue of i nvestments 28,074,517 28,074,517 (52,619,50Investment expenses (927,662) (927,662) (907,61
Net i nvestmenti ncome ( loss) 35,471,549 35,471,549 (44,772,53
Other income(expense)Gainon saleof property
and equipment 26,920 26,920 27,2Currencytranslati on adjustment 2,040,091 2,040,091 (1,123,13
Total o ther i ncome ( expense) 2,067,011 2,067,011 (1,095,88
Change in netassets beforepension-relatedand postretirement benefitchargesother thannet periodicbenefitscosts 22,630,387 (15,181,693) 7,448,694 (70,904,14
Defined benefit-relatedchargesother thannetperiodicbenefits costs
Pension benefits 15,809,489 15,809,489 (76,700,97Postretirement health
care benefits 1,110,338 1,110,338 1,034,19
Changeinnetassets 38,439,876 (14,071,355) 24,368,521 (146,570,91Unrestricted net assets
at b eginning o f year 168,377,756 168,377,756 314,948,6Appropriationfor postretirement
benefit costs (14,071,355) 14,071,355
Unrestricted net assetsat end o f year $192,746,277 $ $192,746,277 $168,377,7
6 T h e E l e c t r i c a l W o r k e r | N o v e m b e r 2 0 1 0
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International Brotherhood of Electrical Workers and Subsidiaries
ConsolidatedStatements ofCash FlowsYears EndedJune 30,2010And 2009
2010 2009
Cashflowsfrom operating activities
Cash flows fromAffiliated chartered bodies $100,491,102 $94,422,074Interest and dividends 8,369,828 8,886,180Rental income 12,601,236 12,579,256ParticipantcontributionscollectedonbehalfofPBF 56,666,914 51,912,499ReimbursementofadministrativeexpensesfromPBF 3,675,000 3,150,000Other 5,548,201 5,463,726
Cash provided by operations 187,352,281 176,413,735
Cash paid forSalaries,payrolltaxes,andemployeebenefits (85,490,993) (75,479,283)Service p roviders, v endors a nd o thers (29,745,627) (37,609,176)Parti cipantcontribut ionsremittedtoPBF (56,823,222) ( 52,032,800)Per capita tax (8,005,434) (7,307,503)Interest (7,323,495) (7,539,660)
Cash used for operations (187,388,771) (179,968,422)
Net c ash u sed f or o perating a ctivities (36,490) (3,554,687)
Cashflowsfrom investing activitiesLoans a nd a dvances m ade t o chartered b odies (35,000) (500,000)
Repaymentson loansandadvancesmadeto chartered bodies 1,081,500 1,087,325Purchase of property and equipment (1,721,307) (2,012,088)Leasing commissions paid (138,626) (93,822)Purchase of investments (271,621,707) (157,116,037)Proceeds from sale of property and equipment 26,923 30,820Proceeds from sale of investments 277,359,497 171,918,408Netshort-termcashinvestmenttransacti ons ( 2,360,484) (3,271,366)
Netcashprovidedbyi nvestingact iviti es 2,590,796 1 0,043,240
Cashflowsfrom financing activitiesPayments o n mortgages a nd o ther n otes (2,495,966) (2,359,638)
Effect of exchange rate changes on cash 2,040,091 (1,123,133)
Net increase in cash 2,098,431 3,005,782Cash and cash equivalents
Beginning of year 5,668,478 2,662,696
End of year $7,766,909 $5,668,478
Reconciliation of change in netassets to net
cashused foroperatingactivitiesChange in net assets $24,368,521 $(146,570,914)Noncash charges (credits) included in income
Depreciation and amortization 7,241,736 7,641,540Net depreciation(appreciation) infair value ofinvestments (28,074,517) 52,619,502Gain on sale of property and equipment (26,920) (27,249)Currency translation adjustment (2,040,091) 1,123,133
Changes in accruals of operating assetsand liabilitiesReceivables 1,860,494 (727,684)Unbilled rent receivable (1,025,191) (952,151)Other assets (749,005) 525,997Excess or deficiencyof pension planassets overprojected
benefit obligation (12,007,742) 71,810,131Accrued expenses (401,422) 1,362,337Accrued postretirement benefit cost 8,029,232 8,175,345Deferred revenue 355,869 (392,755)ReciprocityAgreementfundspendingsettlement 2,369,646 1,749,293Payroll deductions and other liabilities 62,900 108,788
Net cash used for operating activities $(36,490) $(3,554,687)
International Brotherhood of Electrical Workers and Subsidiaries
Notes toConsolidated Financial StatementsYEARSENDEDJUNE 30,2010AND 2009
Note 1. Summaryof SignificantAccounting PoliciesNature of OperationsTheInternational Brotherhood of Electrical Workers is an internationallabor unionestablished to organizeall workersfor themoral,economicandsocialadvancement of their conditionandstatus. Thesignificantportion of theInternational Unions revenue comesfrom percapita taxesof memberspaidby thelocalunions.
Basisof PresentationTheconsolidated financial statements includethe accounts of theInternationalBrotherhood of Electrical Workers,its wholly-ownedsubsidiary,Headquarters HoldingCompany,Inc., andtheIBEWHeadquarters BuildingLLC,of which theInternational Brotherhood of Electrical Workersowns 99%.HeadquartersHolding Company, Inc.held title to realestatethat wassold during 2004. HeadquartersHoldingCompany,Inc. hadno activityduringthe years ended June30, 2010and 2009. TheIBEW HeadquartersBuildingLLCalso holdstitleto realestate, an officebuilding thatwas acquiredin June2004,whichbeginninglate-January2005 serves as theheadquarters forthe International Brotherhood of Electrical Workers.All inter-organizationaccountsand transactionshave beeneliminatedin consolidation. TheInternational Unionmain-tains an appropriatedfund designationfor internaltrackingof postretirement benefits.
Methodof AccountingThefinancialstatementshave beenpreparedusing the accrual basisof accountingin accordancewith U.S.generallyaccepted accounting principles.
InvestmentsGenerally, investmentsare carriedat fairvalue.Changesin fairvalue of investments arerecognizedasunrealizedgainsand losses. Forthepurpose ofrecording realizedgainsor lossestheaveragecostmethodisused.Purchases andsalesare recordedon a trade-datebasis. Thepurchasesand salespendingsettlement arerecordedas eitherassetsor liabilitiesin the consolidated statementof financial position. Pendingsales representamounts duefrom brokerswhile pending purchasesrepresent amounts dueto brokers fortrades notsettled. Allpending transactions atJune30, 2010 and2009settledin July 2010 andJuly2009, respectively.
Propertyand EquipmentBuilding, improvements, furnitureand equipment are carriedat cost.Majoradditions are capitalized.Replacements,maintenance and repairs whichdo not improve or extend the livesof the respectiveassets are expensed currently.Depreciation is computed usingthe straight-line methodover theestimated usefullivesof therelatedassets, whichare asfollows:
Buildingand improvements 10-40yearsTenant improvements LifeofrespectiveleaseFurnitureandequipment 2-10years
AccountsReceivableTradeaccounts receivablearereported netof anallowancefor expected losses.Basedonmanagements evaluationof receivables, theallowanceaccounthas a zero balanceat June 30,2010and 2009.
InventoryThe InternationalUnionmaintains aninventoryof supplies foruse andfor resaleto local unionsand individual members. Inventory is statedat average inventory costwhich approximatesthe selling priceof items held.
CanadianExchangeThe InternationalUnionmaintains assetsand liabilities inCanada as well astheUnitedStates.It is theintent of theInternational Union to receive andexpend Canadian dollarsin Canadaandnot, on a regular basis,convert them to U.S. dollars.For financialstatement purposes allassets andliabilitiesare expressedin U.S.dollar equivalents.
Canadiandollarsincludedin theconsolidatedstatement of financialpositionare translated at the appropri-ateyear-end exchangerates.Canadian dollars includedin the consolidated statementof activitiesare trans-lated at the average exchangeratesfor theyear.Unrealized increasesand decreasesdue to fluctuations inexchangeratesare includedin Currencytranslation adjustment in theconsolidatedstatement of activities.
Statement ofCash FlowsFor purposes of theconsolidated statementof cash flows, cash is consideredtobeamounts onhand andin demanddeposit bank accounts subject to immediate withdrawal.
EstimatesThe preparationof financial statementsin conformity with accountingprinciplesgenerallyacceptedin the UnitedStates requires managementto makeestimatesand assumptionsthat affect certainreported amounts and disclosures. Actualresults coulddiffer fromthose estimates.
Subsequent Events ReviewSubsequent eventshave beenevaluatedthrough September 2, 2010,whichisthe date thefinancial statements were availableto beissued.This reviewand evaluationrevealed nonewmaterialeventor transactionwhich would require anadditionaladjustmentto or disclosure intheaccompanying financial statements.
Note 2. Tax StatusThe Internal RevenueService has advisedthat the International Unionqualifiesunder Section501(c)(5)oftheInternalRevenueCode andis, therefore, notsubject to taxunderpresentincome taxlaws.HeadquartersHolding Company,Inc. and IBEW HeadquartersBuilding,LLC are not taxpaying entities for federal incometaxpurposes, andthusno incometax expense ordeferred taxassethas been reported inthe financialstatements.Income of theCompaniesis taxed to themembers intheirrespective returns.
Note3. InvestmentsThefollowing methodsand assumptions were used to estimatethe fair valueof each classof financialinstrumentswhich are listedbelow. Forshort-termcash investments, the costapproximates fairvalue
because of the short maturityof the investments.Generally,governmentand governmentagency obliga-tions,corporate bonds andnotes, stocks, theAFL-CIOHousingInvestment Trust, andmutual funds fair val-ues areestimated usingquotedmarketprices.For mortgage loans, thefairvalueis determined basedonthediscountedpresentvalueof futurecashflowsusingthe current quotedyields of similar securities.
June 30,2010
NetFairFairValue Valueof
ofSecurities SecuritiesCost Fair Value on Loan on Hand
Short-term cash investments $18,630,850 $18,630,850 $ $18,630,850Government and government
agency obligations 22,777,428 23,977,671 2,789,857 21,187,814Corporatebonds andnotes 28,849,945 30,045,696 652,635 29,393,061Stocks 148,398,791 148,022,446 18,170,304 129,852,142
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Mortgageloans 42,803,935 42,803,935 42,803,935Mutual funds 16,800,032 17,340,710 17,340,710103-12 entities 36,124,649 40,495,056 40,495,056Limitedpartnership 17,416,824 17,432,466 17,432,466AFL-CIO Housing Investment Trust 14,695,629 14,630,401 14,630,401
$346,498,083 $353,379,231 $21,612,796 $331,766,435
June 30, 2009
FairValue Net FairValueofSecurities ofSecurities
Cost Fair Value on Loan on Hand
Short-term cash investments $16,270,365 $16,270,365 $ $16,270,365Government and government
agency obligations 27,818,177 28,755,174 4,146,111 24,609,063Corporate bonds and notes 64,874,742 65,570,588 689,787 64,880,801Stocks 158,849,018 137,045,806 10,216,350 126,829,456Mortgageloans 43,504,600 43,504,600 43,504,600Mutual funds 491,782 432,655 432,655Limitedpartnership 25,000,000 26,689,732 26,689,732AFL-CIO Housing Investment Trust 14,069,646 13,594,494 13,594,494
$350,878,330 $331,863,414 $15,052,248 $316,811,166
The International Unionuses generally acceptedaccounting standards related to FairValue Measurements,for assets and liabilitiesmeasuredat fair valueon a recurringbasis. Thesestandardsrequire quantitativedisclosuresabout fairvalue measurements separatelyfor eachmajor category of assets and liabilities,clar-
ify the definition of fairvalue for financial reporting, establish a hierarchal disclosureframeworkfor measur-ingfairvalue, andrequireadditional disclosuresaboutthe useof fair valuemeasurements.
Thethreelevels ofthe fair valuehierarchyand their applicabilityto theInternational Unions portfolioinvestments, are described below:
Level1 Unadjusted quotedprices inactivemarkets thatare accessible at themeasurementdatefor iden-tical,unrestricted assets or liabilities.
Level2 Quotedprices forsimilar assetsor liabilities, or inputsthat areobservable,either directly orindi-rectly, for substantially the fullterm through corroborationwith observable market data.Level 2 includesinvestmentsvalued at quotedprices adjusted for legalor contractualrestrictions specific to the security.
Level3 Pricing inputsare unobservablefor theassetor liability, thatis, inputsthat reflect thereportingentitys ownassumptionsabout theassumptionsmarket participants would usein pricingthe assetor lia-bility. Level3 includesprivate portfolio investments that aresupported bylittleor no marketactivity.
Thefollowing is a summaryof theinputsused as of June30, 2010, invaluinginvestments carriedat fairvalue:
Total Quoted Market SignificantOther Significant
Investments at Pricesfor Observable UnobservableDescr iption June 30,2010 Asse ts( Level 1) Inputs(Level 2) Inputs(Level 3)
Short-term cash investments $18,630,850 $ $18,630,850 $ Government and government
agency obligations 23,977,671 10,399,428 11,578,323 1,999,920Corporate bonds and notes 30,045,696 30,045,696 Stocks 148,022,446 125,291,696 22,730,750Mortgageloans 42,803,935 42,803,935 Mutual funds 17,340,710 17,340,710 103-12 entities 40,495,056 40,495,056 Limitedpartnership 17,432,466 17,432,466AFL-CIO Housing Investment Trust 14,630,401 14,630,401
$353,379,231 $153,031,834 $143,553,860 $56,793,537
AFL-CIOChanges i n Level 3 Government Limited Housing I nvestment
Category bonds Partnerships Stocks Trust Total
Beginning balance7/1/2009 $1,999,920 $26,689,732 $22,730,750 $13,594,494 $65,014,896Netgains (losses)
(realized/unrealized) 1,288,734 409,924 1,698,658Purchases, issuances,
settlements (10,546,000) 625,983 (9,920,017)Transfers in/out
Level 3
Ending balance6/30/2010 $1,999,920 $17,432,466 $22,730,750 $14,630,401 $56,793,537
Thefollowing is a summaryof theinputsused as of June30, 2009, in valuinginvestmentscarried at fairvalu
Total Quoted Market SignificantOther SignificanInvestments at Pricesfor Observable Unobservab
D escr iption June 30,2009 Assets( Le vel 1) Inputs(Leve l 2) Inputs( Level
Short-term cash investments $16,270,365 $ $16,270,365 $ Government and government
agency obligations 28,755,174 5,613,480 21,141,774 1,999,9Corporate bonds and notes 65,570,588 65,570,588 Stocks 137,045,806 104,881,406 9,433,650 22,730,7Mortgageloans 43,504,600 43,504,600 Mutual funds 432,655 432,655 Limitedpartnership 26,689,732 26,689,7AFL-CIO Housing Investment Trust 13,594,494 13,594,49
$331,863,414 $110,927,541 $155,920,977 $65,014,89
AFL-CIOChanges i n Level 3 Government Limited Housing I nvestment
Category bonds Partnerships Stocks Trust Total
Beginning balance7/1/2009 $2,000,000 $30,799,217 $21,230,750 $12,599,886 $66,629,85
Netgains (losses)(realized/unrealized) (80) (4,109,485) 362,165 (3,747,40
Purchases, issuances,settlements 1,500,000 632,443 2,132,44
Transfers in/out
Level 3 Ending balance
6/30/2010 $1,999,920 $26,689,732 $22,730,750 $13,594,494 $65,014,89
Net gains(losses) (realized/unrealized) reported aboveare included in net appreciation(depreciation)infairvalue of investments onthe statementof activitiesfor theyearendedJune30, 2010 and2009.Theamountof thenet gains related to investmentsheld at June 30,2010and 2009 was$1,698,658and$3,747,400, respectively.
The Housing InvestmentTrustis a registeredinvestmentcompanywhich has a principal investmentstratethatis to construct andmanage a portfolio composed primarily of mortgage securities, withhigher yield,highercreditquality andsimilar interest rate riskas theBarclaysCapitalAggregate Bond index.Theinvesteeuses a varietyof strategies to maintain a riskprofilecomparableto itsbenchmarkindex.Thesestrategiesinclude,but arenot limited to,managingthe duration (a measure of interest rate sensitivity) oftheinvesteesportfolio withina range comparable to thebenchmark index,and managing prepayment riby negotiatingprepaymentrestrictions for mortgage securitiesbacked by multi-familyhousing projects,including market-rate housing, low-incomehousing, housing for the elderly or handicapped,intermediatecarefacilities,assistedliving facilities and nursing homes(collectively,Multifamily Projects).
Note4. SecuritiesLendingProgramTheInternational Unionhas entered into an agreementwith thebankthat actsas custodianfor theInternationalUnions investmentswhich authorizesthe bankto lendsecuritiesheld in the InternationalUnions accounts to thirdparties.
TheInternational Unionreceives70% of thenet revenue derived fromthe securities lending activities, anthebankreceives theremainder of thenet revenue.Interest reported inthe consolidatedstatements ofactivities includes $51,510 and $125,478 earned by the InternationalUnion duringthe yearsended June30, 2010and 2009,respectively,in connectionwith the securitieslending program.
Underthis program, thebankmustobtaincollateralfrom theborrowerin theformof cash, letters of crediissuedby an entityotherthan theborrower, or acceptable securities.Both thecollateral andthe securitieloanedare marked-to-marketon a dailybasis so that all loanedsecuritiesare fully collateralized atall timeInthe eventthat theloaned securitiesare notreturnedby theborrower, thebankwill,at itsown expense, eithreplacethe loanedsecuritiesor,if unableto purchasethose securitieson theopen market,credittheInternational Unionsaccounts withcashequalto thefairvalueof theloanedsecurities.
TheInternational Unionssecuritieslending activities arecollateralized as described above, andthe terms othesecuritieslending agreement withthe custodial bankrequirethe bankto comply withgovernmentrules
andregulationsrelated to thelendingof securities; however,the securities lendingprograminvolvesbothmarketand credit risk.In thiscontext, marketrisk refersto thepossibilitythat theborrowerof securities willunable to collateralize theloan upona suddenmaterialchange in thefair value of theloanedsecurities or thcollateral,or thatthe banks investmentof cashcollateral received fromthe borrowers of theInternationalUnions securities maybe subjectto unfavorable market fluctuations. Credit riskrefers to thepossibilitythatcounterparties involvedin thesecuritieslending programmay failto performin accordancewith theterms oftheircontracts.Todate, theInternational Unionhas experiencedno realized lossesin connection withthesecurities lendingprogram. At June30, 2010and 2009, thefair value of thecollateralheld wasas follows:
2010 2009
Cash $22,134,402 $15,404,074
The fairvalue of securitiesloaned was $21,612,796and 15,052,248,respectively.In accordancewith curent accounting standardsthe valueof thecashcollateral held anda corresponding liabilityto returnthecollateralhave beenreported in the accompanying statementsof financial position.
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Note5. PensionPlansTheInternational Unionmaintainstwo defined benefit pensionplans to coverall ofits employees.Employercontributionsto theplansare based onactuarialcostsas calculated bythe actuary. Theactuarial valua-tions arebasedon theunitcreditcostmethod asrequired underthe PensionProtectionAct of 2006.
Theannual measurementdate isJune 30.Thenet periodic pensioncostfor theplansfor theyearsendedJune 30,2010and 2009 issummarized asfollows:
2010 2009
Servicecost $10,480,578 $9,955,739Interestcost 18,016,627 17,506,553Expectedreturnon planassets (14,535,751) (18,741,797)Netamortization of (gain) loss 7,715,328 201,425Netamortization of prior servicecosts 1,927,779 2,444,157
Netperiodicpensioncost $23,604,561 $11,366,077
Includedin netperiodicpensioncostfor 2010 and2009is $1,927,779 and$2,444,157,respectively, rep-resentingthe amortization of amounts previously recognizedas changes in unrestricted net assets but notincludedin netperiodicpensioncostwhen they arose.Theamountexpectedto be amortized into netperi-odic pension costfor 2011is $1,148,120.Totalamounts recognized as changes in unrestricted net assetsseparate from expenses and reported in the statement of activities as pension-relatedchanges otherthannetperiodicpensioncostfor theyearsended June 30,2010and 2009 areas follows:
2010 2009
Netactuarial (gain) loss $13,881,710 $(79,145,127)Amortization of prior servicecost 1,927,779 2,444,157
$15,809,489 $(76,700,970)
Amountsthat have notyet been recognized ascomponents of netperiodicpensioncostas of June 30,2010consist of the following:
Netactuarial loss $95,292,407Netpriorservicecost 1,228,137
$ 96,520,544
Thenet periodic pensioncostis based on thefollowing weighted-average assumptions at thebeginning ofthe year:
2010 2009
Discount rate 6.00% 6.00%Averagerate of compensation increase 5.00% 5.00%Expectedlong-termrate of return on planassets 7.00% 7.00%
Theplans obligations andfunded statusas of June 30,2010and 2009 aresummarizedas follows:
2010 2009
Fair value of planassets $242,412,384 $220,889,720Projected benefitobligation 329,244,996 319,730,074
Deficiency of planassetsoverprojected benefit obligation $86,832,612 $98,840,354
Benefit obligations arebasedon thefollowing weighted average assumptions at theend of theyear:
2010 2009
Discount rate 6.00% 6.00%Averagerate of compensation increase 5.00% 5.00%
Employer contributions, employee contributions and benefit payments for the yearsended June30, 2010and2009were asfollows:
20010 2009
Employercontributions $20,351,815 $16,256,916Employeecontributions 260,758
Benefit payments 21,214,249 20,253,983
Total expected employer contributionsfor the yearending June30, 2011are $15.9million.Total expectedbenefit payments forthe next 10fiscalyears areas follows:
Year Ending June30,2011 $21,031,9212012 21,307,8732013 21,678,9272014 22,217,2822015 23,004,450
Years2016 2020 128,426,393
Theexpectedlong-term rateof returnon plan assetsof 7%reflects theaveragerate of earnings expected onplan assetsinvested or to beinvestedto provideforthe benefits included inthe benefit obligations.Theassumption has beendeterminedby reflectingexpectations regardingfuture ratesof return for planinvest-ments,with consideration givento thedistributionof investments byassetclassand historicalratesofreturnfor eachindividualasset class.
Totalpension planweighted-averageassetallocationsat June30,2010 and2009,by assetcategory, areas follows:
2010 2009
AssetcategoryCash and cash equivalents 4% 3%Equity securities 60% 58%Debt securities 17% 21%Real estate and other 19% 18%
100% 100%
Theplans investment strategiesare based on anexpectation thatequity securities will outperformdebtsecurities over thelongterm,and that theplansshould maximize investment returnwhileminimizinginvestmentrisk through appropriateportfolio diversification. All investmentsare actively managed by adiversifiedgroup of professional investmentmanagers,whose performanceis routinely evaluated by a pro-fessionalinvestmentconsultant.Target allocation percentagesare 60% for equities, 25% for fixedincomesecurities,10% for realestate, and 5% for otherinvestments (principallylimited partnerships).
The InternationalUnion maintains a Supplemental Planunder Internal RevenueCode Section 457 to paypension benefits required underits Constitution that cannotbe paid fromits qualified defined benefitplans. The liability for amountsdue underthe Supplemental Plan havebeen actuarially determinedandtotal $431,919 and$433,112as of June 30,2010and 2009,respectively. TheInternational Union alsocontributesto a multiemployerdefined benefit pension planon behalfof its employees.Contributionstothis plan were $811,039 and$832,722 forthe years ended June 30,2010and 2009, respectively.
Note6. Postretirement BenefitsIn addition to providing pension benefits, the International Unionprovides certain healthcare, lifeinsur-ance andlegalbenefitsfor substantially allemployees whoreachnormal retirement agewhileworking for
the InternationalUnion.Postretirementbenefitcosts for theyears ended June30, 2010and 2009includethe followingcomponents:
2010 2009
Servicecost $5,875,336 $5,814,622Interestcost 9,306,327 8,839,245
Total postretirement benefit cost $15,181,663 $14,653,867
Theaccumulated postretirementbenefit obligation andfunded statusat June30, 2010and 2009are asfollows:
2010 2009
Postretirementbenefit obligation $161,089,787 $153,060,555Fair value of planassets
Excess of postretirement benefitobligationover planassets $161,089,787 $153,060,555
Theabovepostretirementbenefit cost does notrepresent theactualamount paid (net of estimatedMedicare Part D subsidies) of$7,055,000 and$6,644,000for theyearsended June 30,2010and 2009,respectively.The netactuariallossthat will be amortizedfrom unrestrictednet assetsintonet periodic ben-efit cost during2011is $8,550,664.
Weighted-averageassumptions usedto determine net postretirement benefit costat beginning of year:
2010 2009
Discount rate 6.00% 6.00%Averagerate of compensation increase 5.00% 5.00%
Weighted-averageassumptions usedto determine benefit obligationsat end of year:
2010 2009
Discount rate 6.00% 6.00%Averagerate of compensation increase 5.00% 5.00%
Theassumedhealth care cost trend ratesused to measure theexpectedcostof benefits forthe year endedJune 30,2010,wereassumedto increase by10% formedical,9% fordrugs, 9%for MedicarePart D sub-sidy,5% fordental/vision, 6%for Medicare Part B premiums,and 3% forlegalcosts. Thereafter,ratesfor
increasesin medical, drug costs andthe Medicare Part D subsidy were assumed to gradually decreaseuntilthey reach5% in 2023.If theassumedratesincreased byone percentage point it would increase thebene-fitobligation andnet periodicbenefit cost asof June 30,2010by $24,497,169and $2,859,927, respec-tively. However, if theassumedratesdecreased byone percentagepoint it would decrease thebenefitobligationand netperiodicbenefitcostas of June 30,2010by $20,122,623and $2,282,979, respectively.
Total expectedbenefitpayments, netof MedicarePartD subsidies, forthe next 10fiscal yearsare asfollows:
Year EndingJune 30, 2011 $7,055,0002012 7,456,0002013 7,995,0002014 8,587,0002015 9,167,000
Years2016 2020 55,303,000
TheInternational Union appropriatedinvestmentsof $161,089,767at June 30,2010to payfor futurepostretirement benefit costs.
FINANCIALSTATEMENTScontinued on page 17
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Local Lines
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Missouri AFL-CIO Convention
L.U.1 (as,c,ees,ei,em,es,et,fm,i,mt,rts,s,se,spa,st&ws),ST. LOUIS, MOSeptembermarked the 25thBiennial Conventionof the Missouri AFL-CIO,held attheRenaissanceGrandHotelin downtownSt.Louis.Local 1 waswellrepresented bydelegatesGregBooth,RobDussold,MattGober,Bob Muckler,TomSansevere,BillWaterhouse andTom George. TomGeorgealso servesas MissouriAFL-CIOvice president.
Theeconomyand midterm electionswere themaintopics. Numerousguest speakersstood upforthe rightsof workers.AFL-CIOPres. RichardTrumkaspoke ofthe need tocreate good jobs byrebuildingAmericas infrastructure.Gov. JayNixonsaid it isvitaltoMissouris economy toput unionlaborbackto work.Missouri Sec.of StateRobinCarnahan,candidatefor
theU.S.Senate, urgedunionmembersto getoutthevote.Other candidates,including U.S.Reps.RussCarnahanand IkeSkeltonas well asStateAuditorSusanMontee,echoedthese sentiments.The informa-tivemeetingemphasizedthat unionget-out-the-voteeffortsarevitalforthe gainsof workersandencour-agedsupport forall union-endorsedcandidates.
We mourn thefollowing members deaths:JamesTyler, Earl Eckelkamp, Willis Hall,ArthurBussmeyer, Charles Heineman, Eugene Stabenow,William Hepler, RitaGale, Oliver Hein, JerryPease,Leonard Hammontree,Anthony Velasco,GeorgeAkersJr., Frederick Fischer, Aloysius Myers,GeraldHall,Timothy Harris, David Wright, HerbertPfingsten, Ralph Weilmuenster, JamesGoddard,Vincent Provenzano, GraceSmith, JamesCunningham, Richard Stackand MarioCiuffa.
Matt Gober, P.S.
Annual EWMCDrive
L.U.11 (i,rts&spa),LOSANGELES, CALocal11 mem-bersparticipated in the31st Annual LaborDayParade & Rally in Wilmington,CA. Highschoolmarch-ingbands,motorcycles,hot rods, kidson scootersandpeoplewalkingtheirpets madeup theproces-sion. Membersprovided balloonsand candy to spec-tators along theroute.The weatherwas perfectforthemarch,which ended at BanningPark where Local11volunteershad a barbequewaiting.
Members of the Electrical WorkersMinorityCaucus have held weekly mentoring sessionsthroughout the community, in addition to monthlymentoring sessions at the ElectricalTrainingInstitute.The EWMC will conduct theirannualclothes drivefor the homeless one weekbeforeChristmas at the ETI. Please considerdonating tothis worthycause.
TheD-1 OrganizingCommitteerecentlyheld aBowl-OutNight at Jewel CityBowl inGlendale. Morethan40 memberswith family andfriendspartici-pated fillingeight lanes.All participantssignedacommemorative game ball, which willbe displayedforthemembers toenjoy.A grandprize wasgiven forthehighestaveragescore in thetournament andtothewinningteam.Thankyou to everyonewho helpedmakethis andother events successful.
Bob Oedy, P.S.
10 ScholarshipWinners
L.U. 15 (u), DOWNERS GROVE, ILLocal 15 awarded$500scholarships to 10 children of local members.The selection committee did a great job picking win-
ners from among 40 applicants.We had seven membersattend the 2010
Womens Conference in Washington D.C. in July.Negotiationswith Midwest Generation (fossil
generation) on a benefitspackage are moving for-ward.The company is lookingfor major changes inthe medical, disability and 401(k) plans. The currentpackage expired June 15, 2010.
On the nuclearside, we are having ongoingdiscussionson nuclearwork hour rules andestablishing a working foreman position. Afteralmosttwo years, we signed an agreementon ZionStations decommissioning.
Local15 congratulatesBros.VinceMillerandSheldon Williams on theirinductioninto ComEds101Club.They gavemore than100 percenteffort, stop-pingto helppeople involvedin vehicularaccidents.AlsowithComEd,the polehaulingissue iscoming to
anend;at thiswriting, Local15 members were totaketheworkbackby theendof September.The drive-
cams arebeing turnedoffin manyvehicles,withdri-verobservationstakingover.Furthermore,werecentlynegotiateda MeterReaderbonusplan.
We ratified a three-yearagreementwithGoodCents Solutions/Enertouch Inc. that includedwage increases and additional paid time off.
Local 15 participated in two Labor Dayparadesin Rockford, IL, andSpringfield, IL.
Doug Vedas, P.S.
Solidarity & Safety
L.U. 17(catv,em,lctt,o&u),DETROIT, MIEarlierthissummer withno other acceptableoptionsremaining,our623 lineclearance treetrimmers hitthe bricksafter being locked outby severaltree trimcompanies.
Thelockout lasted ninedaysbeforethe InternationalOfficesteppedin andended thedispute. Thesolidar-ity demonstratedby ourtree trimmersand supportgiven to themfinancially bythe restof ourmember-shipwere awe-inspiring anda true testament toour mem-bershipsdetermination andstrength.Youwouldhavenever imaginedthat ourlocalhasnt beenin a situationlikethis in42 yearsby theactionsofour memberson andoffthepicketline.
We are immenselyproud of our entire member-shipfor standing as onewhen the chipswere down.Aftermonths of negotiations,
our 6-17-Aagreementwasfinally settled by theCounsel
on Industrial Relations (CIR).The workpicture here is starting to pick up
slightly with approximately 60 local handsstill onthe books. DTE Energyhas officiallymade it mandtory for 100 percent fall arrest, with many of our licontractorsfollowing suit.
On a sad note, Bro. Michael Parkswas tragically killed while performing hisduties as a line-man in August2010. Please worksafe, brothers asisters. Yourfamiliesare counting on it.
Dean Bradley, P
Local Leader AcceptsNew Post
L.U. 21 (catv,govt&t), DOWNERSGROVE, ILWe bidfarewell to KevinCurran, whoserved as Local 21v
president and assistant business manager. Bro.Curran accepted a position as an InternationalRepresentative assigned to the IBEWTelecommunicationsDepartment.
In 1987, Curran started inChicago as a colletion specialist, working for the Midwestern RBOCAmeritech. Kevin became shop steward in 1993 foformerLocal 188. In 1995, he was promoted to theposition ofarea rep in the south division andbecame editor of the local union newsletter,TheTelephone Flash. In 1997, Curran became assistanbusiness manager. OnSept. 1, 1998, IBEW Local 2was newlychartered after an amalgamation offormerT-4 System Council Locals165, 188, 336, 383and 399.At Local 21, Curran became business repand E-Board member. In 2005, he becamevicepresident and assistant business manager.
Curran hasexcelled at educating and involv
ing members in workplace issues, and teachingworkers what it truly means to be union. His dedition to working people and his tireless commitmefighting for social and economic justice gained him
Trade Classifications(as) Alarm & Signal (ei) Electrical Inspection (lctt) Line Clearance TreeTrimming (mps) Motion Picture Studios (rr) Railroad (spa) Sound & Public Address
(ars) Atomic Research Service (em) Electrical Manufacturing (lpt) Lightning Protection
Technicians
(nst) Nuclear Service Technicians (rtb) Radio-Television Broadcasting (st) Sound Technicians
(bo) Bridge Operators (es) Electric Signs (o) Outside (rtm) Radio-Television
Manufacturing
(t) Telephone
(cs) Cable Splicers (et) Electronic Technicians (mt) Maintenance (p) Powerhouse (u) Utility
(catv) Cable Television (fm) Fixture Manufacturing (mo) Maintenance & Operation (pet) Professional, Engineers &
Technicians
(rts) Radio-Television Service (uow) Utility Office Workers
(c Communications (govt) Governmentmow) Manufacturing OfficeWorkers
(so) Service Occupations (ws) Warehouse and Supply
(cr) Cranemen (i) Inside (ptc) Professional, Technical &
Clerical
(s) Shopmen
(ees) Electrical Equipment Service (it) Instrument Technicians (mar) Marine (se) Sign Erector
Efforts are made to make this list as inclusive as possible, but the various job categories of IBEW members are too numerous to comprehensively list all.
LosAngeles Local 11 members andtheir familiesmarchin the Labor Dayparade andrally.
IBEW Local 21sPat Urban (left), NickUrban, Eddie Fernandez,Amandaand Natalie Urban assemble forthe Labor Dayparade.
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the support of union members and hard-earnedrespect from employers.Curranstalent, vision andleadership will be locallymissed. We wish you thebestof luck, brother!
Thomas Hopper, P.S.
OfficersSworn In
L.U. 37(em,o&u),FREDERICTON,NEW BRUNSWICK,CANADALocal37 recently heldan electionof offi-cers.The newly electedofficers wereswornin July8at Ponds Resortand Lodge in Ludlow,New Brunswickon thebeautiful Miramichi River.Rec.Sec. Peggy
Galbraithfacilitatedan entertaining, team-buildingexercisethat providedmembers an opportunity toproblemsolve as wellas socialize.
Local 37 and all its members are sincerelyindebted to departing Executive Board membersDerekGallen,Allison Porter, CathyShea and DougWallace for theirservice, dedication and loyalty tothe ideals of the labour movement.
Ross Galbraith, B.M./F.S.
UnionStands for Quality
L.U. 51 (catv,lctt,o,rtb,t&u), SPRINGFIELD, ILAsIBEW members, taking responsibility for our futureis of utmostimportance. We have the opportunity toshow our employers, customersand the publicthatour unionstands for quality and professionalism.
We mustunderstand that being active in our local
and listening to what our leaders have to say is alsovery important aswe chart ourfuture.
AsThanksgivingapproaches, remembertogive thanksforall whocamebefore us;it isbecauseoftheircourageandsacrifice that wetodayenjoy thefruitsof ourlabor.
InSeptember, Local51 members participatedinseveralLaborDay eventsacrossthe area andalsoenjoyed the annual picnic at Clinton Lake. Local51thanks allmemberswho participated and attended.
Asof thiswriting, ourworkscene is still slowwith 32 journeymen on the out-of-worklist and themajorityof apprentices working out of jurisdiction.Local 51 thanks all the localsthat have provided
employmentfor our out-of-workmembersuntil ourwork picture improves. Rememberto worksafe,give a good days workfor a good dayspay andattendyour union meeting.
Dan Pridemore, B.R.
You Are theUnion
L.U. 53 (lctt,o,rts&u),KANSASCITY,MOOur outsideconstructionremains veryslow withvery little move-menton thebooks.We havemanymembersworkingoutof town,and we thankoursurroundinglocalsforproviding these workopportunities to ourmembers.
I amsuremostof youread thearticleintheAugust editionof theElectrical Worker aboutthe rallyinSt. Louis againstthe Carpenters DistrictCouncil ofGreaterSt. Louis forstealing theIBEWswork as well
as thatof othertrades. Thanksto everyonewho cametoMissouri tosupporttherally.A fewothertradesare doing thevery samething in somelocations.Theyseem tofind iteasierto goafter thealreadyorganized workratherthan trytoorganizetheirown.
Weheld ourannual retireeluncheon atthe unionhall onAug. 5and presented servicepins. Receiving55-year pinswere WilliamS. Glover,FreddieH. Imgarten, GaryF.Martin,RobertJ. Millerand BennyF.Rector;60-yearpins, ClaudeKendallandWilliamE. Rust; anda 65-yearpin,BobbyW. Walraven.
Congratulationsand many thanksto all theretired members who foughtfor the wages, benefitsand conditions we all enjoytoday. Now it is our job
to make things even better for future generations.Support yourlocal unionattend meetings
and get involved.Remember: No job isso urgent that we cannot
take time to perform our worksafely!
Robert E. Stuart, B.M./F.S.
UnionActivities Update
L.U. 55 (lctt,o&u), DES MOINES, IAWorkin our areais finally starting to pickup. We cleared Book 1 andare working on Book 2. Worklooks good throughthe end of the year.
Wehad a greatLaborDay picnicandparade.Wealsoreenacted a picture thatis displayedin ourmeet-ingroom.That vintage photo wastaken onLaborDay1910.The newpicture(below) wastakenon Sept. 5,
2010, at thesame location,the Cathedral ofSt. Paul,inDesMoines.We hada greatturnoutforthephotoshoot,althoughseveral memberswereon stormwork.
We especially thank Int. Rep. Jim Lynch,retired Int. Rep. KenSawyer, and all retirees whojoined the Labor Day fun. We had a great turnoutfor the parade with trucks supplied by ParElectrical Contractors, Hydaker-Wheatlake, andMissouri Valley Apprenticeship. The apprenticesbuilt a fantastic float for the event.
We have had a turnover in the local with anew business manager and a new unit rep.Severalcontracts mustbe negotiated by years end.Severalwill be rough with the currenteconomy, so our workiscutoutforus.
Wearealso workingon newtrainingforsomeofourmembersin hopes ofregaining outsideworkfromthenonunioncompanies. Wemetwith a uniongeneral
contractorand thearchitectregardingthe newunionhall thatwe will buildsoon near ourexisting building.Wewill alsobe negotiating ouroutside con-
struction contract. Rusty McCuen, ourarborist repandorganizer,has been travelingtalking to ourmembersin thelineclearanceunits andholding safety meet-ings. Heis workinghardto educateand organize thenonunionarboriston oneof ourmajorutilities.
Michael J. Brookes, B.M./F.S.
Linemans Rodeo & GolfTourney
L.U. 57(lctt,mo,o,t&u), SALT LAKECITY,UTThe 19thAnnual UtahLinemans Rodeo washeld June5 inWest ValleyCity,Utah.Activities includedbucketrides, face painting, castle bounceand otheractivi-tiesfor theyoungkids as wellas a classiccar/motor-
cycle showfor thebig kids. Rodeo teams andappren-tices fromRockyMountainPower,localcontractors,PortlandGeneral Electric,Arizona PublicService and
Megan CountyREA participated.TheArizonaPublicServiceteam (ScottMarlatt,Art Garcia,ScottKahrsandBrett Minihan)took tophonorsin theteam com-petition,while PortlandGeneralsCraig RandallandDustin Miller placed 1stand 2ndin theapprenticecompetition.Rocky MountainPowers LanceSheppardplaced 3rd.Thanks to sponsors,volunteersandparticipantsfor makingthe rodeo a success.Proceedsfromthe eventsfundraisingactivitiesaredonated to theUniversity of UtahBurnCenter.
On Aug. 20, the Local 57Annual CharityGolfTournament was held at Talons CoveGolf Club, withsome 120 golfers participating. There wasalso abarbeque lunch and awards/raffle presentation.Again, thanks to all sponsors, volunteersand par-ticipants. Proceeds from this eventare also donatedto the University of Utah BurnCenter.
Scott Long, P.S.
MemorialSalute to a Brother
L.U. 77 (lctt,mt,o,t&u), SEATTLE, WAA memorialservice was heldfor Bro. Bill Green, a retired PugetPower Western Divisionservi ce lineman and a long-time memberof Local 77. The memorial tribute tookplace July16, 2010, at the Bremerton Elks Lodge.
Bro. Green wasinitiated into Local 77 in 1953and retiredfrom PugetPower in 1992. His son Kirt isa serviceman with Puget Sound Energy and a mem-ber of Local 77.
Tohonortheir deceased brother, Puget SoundEnergy servicelinemenfromPort Townsend,Poulsbo,andPort Orchardsaluted Bro.BillGreenat theentranceto theElks Lodge withtheir utilitytrucksaligned andbuckets raised.
Patrick Darling, P.S.Lynne Moore, P.S.
Local 37officersand representatives,joinedby Int.Rep. Brian J. Matheson (standing,fourth from right), attend swearing in. Fromleft, kneeling: Local 37 Bus.Mgr.RossGalbraith; Mike Gould, Nuclearrep.; Wanda Hierlihy, NorthernDistribution rep;VicePres. Romeo Bourque;Don St Pierre, Head Office & Marketing Distributionrep; GlennHubbard, Southern Generation rep. Standing:Don Dickson,Nuclearrep; Sue Dunham,Nuclearrep; PhilHepditch, Transmission rep; ScotHale, Central/Western Distributionrep;Gerard Kenna, Transmission rep; IBEWInt. Rep.Matheson; Rec.Sec. PeggyGalbraith; Pres. Steve Hayes; andGreg Wright, Nuclearrep. Not pictured: David Brown,NorthernGenerationrep; andTed RobertsonSouthern/EasternDistribution rep.
IBEWLocal51 members andtheir familiesjoin the LaborDayparade in Bloomington,IL.
On theweekendof Labor Day 2010, Local 55membersandIBEWofficersreenacta Labor Dayphotothat wastaken 100 years ago atthe same location, theCathedral of St.Paul in DesMoines, IA.The vintage 1910photois displayedat theunion hall.
Local 77 service linemen with Puget SoundEnergyalign buckettrucks at memorial
service forBro. BillGreen.
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the knowledge that the job was completed with ourhighest commitmentto qualityand safety.
Russell Quarantello, B.M.
Apprentice Graduates
L.U. 241 (i), ITHACA, NYCongratulations to ourrecent apprentice graduates, who have becomeLocal 241s newest journeyman wiremen. All suc-cessfully completed the inside wiremen apprentice-ship program.They are: Asa Bartholomew, AlbertBudd III, Ken Gower, Brad Jump, Steve Martin,Anthony Page, EricQuinn and Don Rummel. We alsocommend all of our Apprentices of the Year: 1styearScottBordoni, 2nd year-Matt Whittaker, 3rdyearJeremy Frederici, 4th yearJesse Buchananand 5th yearAsa Bartholomew and Don Rummel.
Ona sadnote,we allmournthepassing ofMargaret PeggyAmici. She wasthe administrativeassistantfor Local 241for morethan25 years.No mat-
terwhat theproblem was,she would resolveit. I amsureGodis happyto have her upin heavento helpputthingsin order.We weretrulyblessedto haveher.
Workproductively and safely.
Michael A. Creasy, P.S.
2010December Meeting
L.U. 257 (em,i,rtb,rts,spa&t), JEFFERSON CITY, MOLocal 257 memberscongratulate the new journey-man wireman members.
Also, we thank everyone who attended ourlocal LaborDay parade in JeffersonCity, MO, onSept. 11. It was a successonce again this year. Thistradition shows our mid-Missouri community thatwe are here and we are involved.
Although ourwork picture looksto slow overthe winter months, we arestill confident that wewill pickup work in our nearfuture.
Weremindeverybody of ourmeeting on Dec.8.We will have refreshments for everyone and a meet-
ing to discuss our upcoming contract. We as a local
would like to see more participation outof ourmembers as we are going through a crucial time.Lookforward to seeing everyone there.
Support yourlocal unions, so we can keep ourunionsstrong.
Ryan Buschjost, P.S.
Pilot JATC Program
L.U.309 (i,lctt,mo,mt,o,rts,spa&u),COLLINSVILLE, ILWorkon the Inside Branch isstill slow, while theOutside Branch has improved.
Numerous contracts will expire between nowand the end of the year. These include Metro,Outside LineConstruction, Line Clearance, andAmerican Steel.
OnSept.1, 2010,a newschoolyearstartedforLocal 309s JATC.Thisyearwe havebeenselectedbytheNational JATCas a pilot JATCforthe newCoreCurriculumTraining Program.Thisa great honor to be
selected asa pilot JATCandalso willallowour JATCtotrain forworkin ourspecificmarkets.Our JATCnowcan customize both apprenticetraining and journey-manskillimprovementcourses.In thespiritof thenewCoreCurriculumprogram, weare addinginstru-mentationtrainers to ourtrainingfacility,and alongwiththat,a PVsystemwith a coursefor NABCEPentry-level exams.With allthesenew tools inour toolbox,theJATC looks forwardto a greatnew schoolyear.
Manythanks to the third-yearapprentice wire-man class for theirhelp in making our annual picnica success.
Worksafe and worksmart.
ScottTweedy, A.B.M.
Organizing Drive Success
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