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:: Saturday, November 15, 2003 ::
Minutes of the UBCJA General Executive Board Meeting May 12, 2003
It was discussed that in view of the downturn in the economy over the past three years, it appears that an increase in the contribution rate to the United Brotherhood of Carpenters Pension fund is necessary for all United States Affiliates to sixteen percent (16%) of gross monthly compensation for each full time officer and representative effective October 1, 2003. It is the hope of the General Executive Board that the increase in the contribution rate will be temporary and that the rate will be lowered once the economy turns around.
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