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…
- PRESIDENT – $375/mo.
- VICE PRESIDENT – $350/mo.
- TREASURER – $350/mo.
- RECORDING SECRETARY – $325/mo.
- TRUSTEE’S – $300/mo. each
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.