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UAW Ponders First Dues Increase in 46 Years
The United Auto Workers union may increase its membership dues for the first time since 1967, according to Reuters, which cites union sources.
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The United Auto Workers union may increase its membership dues for the first time since 1967, according to Reuters, which cites union sources.
UAW members earning top-tier wages of about $28 per hour currently pay dues of about $56 per month, the news service says. That rate could jump to $70 under the plan being discussed by union leadership.
Reuters says newly hired second-tier workers who make less than $16 per hour would see their dues rise from about $32 to $39 per month.
The UAW's assets have declined for the past six years to $1 billion in 2012, according to a UAW's financial filing with the U.S. Dept. of Labor. Membership is at 382,500, down from a peak of about 1.5 million in 1979.
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