Bonding of all financial officers is required by
IAM constitution. Careful use of unions funds is the
Initiation fees and dues are determined by
membership vote of each local subject to minimum
Financial reports on receipts and
disbursements are mailed to each local each month. Twice a year
Unemployed members receive unemployment stamps in lieu of regular dues stamps.
Withdrawal cards are issued to those who
advance above the position of working foreman, those who
Transfer agreements are maintained with 14
major unions permitting members to transfer to or from
Retired cards issued to retired members at a one-time cost of $5.
Exemption cards are issued for those parially
or wholly disabled members with 30 years or more
Life Membership Cards with diamond pin are
issued for those with 50 years consecutive membership