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Labor Department wants more info from union officialsBy JESSE J. HOLLAND AP Labor Writer
Unions are required every year to file financial disclosure forms with the Labor Department. But federal officials are proposing a more detailed form, and penalizing small unions who get into trouble with the law by prohibiting them from filing a simple form.
The proposed changes will be printed on Monday in the Federal Register. "This proposed rule provides union members with more complete information about union finances and will better protect their legal rights to transparency and accountability under the law," said Don Todd, deputy assistant secretary for the Office of Labor-Management Standards. Patrick Szymanski, lawyer for the Change to Win labor organization, said there was no indication that the current disclosure forms were inadequate. "It's another attempt by the Department of Management to find a way to tie unions up in red tape so they can't continue to organize workers," he said. "The administration is showing once again that it would rather spend its time on a witch hunt aimed at unions than on advancing the interests of workers," AFL-CIO President John Sweeney said in a statement. Some of the changes in the proposed rule include: - Asking union officials and employees making more than $10,000 to itemize their benefits like life insurance, pensions and deferred compensation. The current form allows benefits to be combined and disclosed as one number, leaving the amount of individual benefits undisclosed. - Requiring disclosure of expenses when the money is not reimbursed directly to the union employee or official. Labor officials say indirect reimbursement, when payment for expenses goes to the vendor instead of to the employee or official, currently does not have to be disclosed on the forms. - Requiring unions to disclose who bought or sold any union asset worth more than $5,000. The current form only requires disclosure of the sale. - Requiring itemization of certain cash receipts of $5,000 or more. Reporting rules require national, regional and local unions with an income of more than $250,000 to provide financial details in the annual reports they must file with the Labor Department. Unions that have less income get to file a simpler form, but the Labor Department said it wants to revoke that privilege and require the more detailed form for unions that are late with their forms, fill them out incorrectly or get into other trouble. "The proposed rule builds on the administration's continuing commitment to transparency and accountability for corporations, pension funds and labor unions," Todd said. --- On the Net: Union disclosure forms: http://www.unionreports.gov 2008-05-09 00:55:02 GMT
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