In accordance with our Local 407 Constitution, Article XXVII Section 2.

• The Executive Board shall determine the monthly compensation of the President, Vice President, Secretary-Treasurer, Recording Secretary and Trustees, subject to ratification by the membership.

During the last quarterly meeting a motion was presented to the membership in attendance, for compensation to be paid to the members of the Executive Board.  The following amounts were presented…

The motion was seconded and carried. The amounts listed are combined to be approximately 10% of our total monthly net income (after expenses). The individual amounts are less than 70% one days salary for most of our officials.