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International President Stephenson International President Lonnie R. Stephenson met with the members of the International Executive Council to discuss a variety of matters affecting all branches of the Brotherhood. International Secretary-Treasurer Cooper International Secretary-Treasurer Kenneth W. Cooper presented financial reports covering the IBEW Pension Fund and the Investment Portfolio of the Brotherhood both in Canada and in the United States. Legal Defense Payments for legal defense, made from the General Fund, were examined and approved in accordance with the requirements of Article X, Section 1, of the IBEW Constitution. Financial Reports The International Secretary-Treasurer's Reports for the various funds of the Brotherhood were presented to the members of the International Executive Council, examined, approved and filed. Appeals Filed with the International Executive Council The International Executive Council conducted a thorough review of the facts pertaining to an appeal from Local Union 11-member Ivan Bacelic, and it is the decision of the IEC to deny Brother Bacelic's appeal. Article XX and XXI Cases There were no new Article XX or XXI cases during the second quarter of 2019. Trusteeship Local Union 2330 remains under trusteeship. Local Union 316 was placed in trusteeship, effective July 6, 2020. IBEW Consolidated Balance Sheet ending June 30, 2020 Reviewed and Filed IBEW Pension Benefit Fund Consolidated Balance Sheet ending June 30, 2020 Reviewed and Filed Retirement of International Representatives Gary Buresh, International Representative, Seventh District William Laird Cronk, International Representative, First District William Dietz, International Representative, Fourth District International Office Employees Carol Fisher, Sr. Production Assistant, Media Department Caroline Grayson, Data Entry Operator, Per Capita & Audit Department Vested Pension Jacob Collingwood, Support Services Daniel Dyer, Research Department This regularly scheduled meeting was adjourned, on Tuesday, September 15, 2020, at 1:00 p.m. The next regular meeting of the International Executive Council is scheduled for Tuesday, December 15, 2020. For the International Executive Council Patrick Lavin, Secretary The IEC acted on numerous applications under the IBEW pension fund. For a complete listing, consult www.IBEW.org, clicking on the International Executive Council link on the "Who We Are" page. |
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