Posts tagged LM-4
Trump Is Making Major Concessions To Union Bosses. Is It Worth It?
August 15, 2025 // The Institute for the American Worker noted that union members who had funds embezzled by their leaders in recent years would now have less insight into how their dues were being spent. For example, in 2024, the Secretary-Treasurer of the International Association of Machinists and Aerospace Workers Local Lodge 2198 pleaded guilty to embezzling more than $63,000; under the proposed rule, the group would no longer have to file an LM-2.
Union Reporting Threshold Threatens Worker Transparency
August 3, 2025 // Another issue is the lack of plain language on the LM 2 forms themselves. For example, they categorize money coming into the union as “receipts” — yet to most union members, a receipt is something someone receives after paying for something. The forms should be at a grade 10 reading level and broken down in one line, a simple explanation
National Right to Work Foundation Submits Comments Opposing Proposed DOL Rule Loosening Union Financial Disclosures
August 1, 2025 // Rule will let huge number of unions escape meaningful scrutiny over how union bosses spend worker funds while providing no tangible benefits