Strike Fund Alert
You've probably never seen this. I know I hadn't. It was in an email forwarded to this blog.
Ron Elliot, Region 1 Board member, writes:
"I am determined to know the extent of our $41,750,561 deficit in the General Fund, which basically makes the Strike Fund worth $18,133,023.00, if we do not include the Education Fund surplus."
WHOA -- this is serious stuff. You read it right. Elliot is proposing that the strike fund be reduced to cover operating deficit! Where does he get off making this proposal? Can't be read any other way. He is reducing the strike fund of $60 million to under $20 million to balance the budget. That's nuts!!
Fortunately, the OPSEU Constitution does not allow what Ron Elliot is proposing...at least not right now:
Article 23.1 The Union shall maintain a Strike Fund, whose assets shall be used only for the following purposes:
(a) for strike pay and expenses related to strikes, lockouts and other work stoppage situations involving OPSEU members; and
(b) upon a two-thirds majority roll-call vote of the Executive Board, to make interest-free loans to other striking unions where the Board deems such loans to be in the interests of OPSEU Members.
Elliot must know that the Consititution prohibits him and his associates from draining the strike fund this way, so what's his game here? Fear mongering? Erode the strike fund? Backdoor a dues increase? Hard to say. Elliot's contention does not pass the smell test. It stinks!!
And why is Elliot saying he is, "determined to know the extent of our $41,750,561 deficit?" The Insider is no accountant, but didn't he just say the extent of the deficit is $41,750,561. Hhhhmmmm...
Solidarity