US News & World Report
UAW Commits $40 Million to Organizing US Auto, EV Battery Workers
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6 days ago · The UAW Strike and Defense Fund covers certain benefits such as medical and prescription drugs. Benefits not covered include: dental, vision, hearing and sick and accident. These benefits are either paid directly by the Fund according to the company’s current plan or by having the Strike and Defense Fund make COBRA payments to the company plan.
Sep 22, 2023 · DETROIT (FOX 2) - The UAW strike expanded on Friday as union President Shawn Fain called on United Auto Workers at 38 plants in 20 plants to drop their tools and walk off the job to join the...
- There is currently enough money in the fund to sustain a nearly three-month all-out strike against the Big Three. According to UAW Secretary Treasurer Margaret Mock, there was $825 million in the strike fund in July.
- The strike fund is paid for by workers’ dues money and accrues interest and returns from investments. The UAW spent $81 million on strike benefits in 2019, largely due to the 40-day strike by 45,000 GM workers.
- The UAW bureaucracy has a vested interest in understating the real value of the strike fund. Under the UAW constitution, once the strike fund goes above $850 million it triggers an automatic dues reduction for the membership.
- The UAW has the ability to leverage its current assets to gain access to billions more through loans, the sale of real estate and financial assets, and other business transactions.
Nov 16, 2022 · The UAW constitution includes a provision that automatically reduces union dues if the strike fund exceeds a threshold of $850 million. In 2021, the strike fund was listed as worth...
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Sustainable Strike fund UAWD Priority resolution for the UAW Constitutional Convention See All Priority Resolutions Sustainable Strike Fund Amendment to Article 16