The regular meeting of the International Executive Council was called to order at 8:30 a.m., by Chairman Erikson on Wednesday, September 7, 2016, in St. Louis, Missouri. Other members of the council in attendance were Calabro, Burgham, Riley, Walter, Wagner, Lavin and Galbraith. Second District IEC Myles Calvey was excused to attend other business of his local union.

International President Stephenson

International President Lonnie R. Stephenson met with the members of the International Executive Council a number of times to discuss a variety of matters affecting all branches of the Brotherhood.

International Secretary-Treasurer Chilia

International Secretary-Treasurer Salvatore (Sam) J. Chilia 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.

Resolution to Increase the Line of Credit Available to Local Union 1260

The International Executive Council regularly moved, seconded, and carried to increase the line of credit previously authorized to IBEW Local Union 1260 to an amount not to exceed $3,400,000. The IEC previously authorized by conference call on June 3, 2016, a line of credit to IBEW Local Union 1260 in the amount of $2,000,000 for reimbursement of dues to the members of Local Union 1260.

Appeals Filed with The International Executive Council

The International Executive Council has conducted a thorough review of the facts pertaining to an appeal of Local Union 1319 member Richard S. Hoover, claim number 1245825, and it is the decision of the IEC that Brother Hoover should be returned to PBF pension with his payments resuming August 2015, and credited for the time he paid dues between July 2011 and June 2013. In addition, Brother Hoover is required to sign a waiver form acknowledging that no retroactive pension payments will be made for the time period of July 2013 through July 2015.

The International Executive Council has conducted a thorough review of the facts pertaining to an appeal of Local Union 1852 member Jason D. Young, claim number 2241475, and it is the decision of the IEC to approve payment of the death benefit.

NOTE: Chairman Erikson was excused from Day 2 of the IEC meeting on Thursday, September 8, 2016, to attend to other important business of the Brotherhood. Chairman responsibilities were passed to Secretary Lavin, who called the IEC meeting back to order from recess on Thursday, September 8, 2016, at 8:00 a.m.

The International Executive Council conducted a thorough review of the facts pertaining to the appeal of Philip J. Leach, card number D520426, and it is the decision of the IEC to deny this appeal.

The International Executive Council conducted a thorough review of the facts pertaining to the appeal of Gregory Bartocci, card number D941562. Motion was made, seconded and carried to approve reinstatement of Brother Bartocci, with back dues in the amount of $1,077.08 to be paid to IBEW Local Union 3.

The International Executive Council conducted a thorough review of the facts pertaining to the appeal of participating withdrawal card member Marshall B. Bell, card number D656590 and it is the decision of the IEC to approve Brother Bell's appeal and to pay back dues in the amount of $973.76 to be paid to the International Office.

Local Union(s) Under International Office Supervision

IBEW Local Union 1260 was placed under Trusteeship on May 6, 2016, and remains so.

Article XX and XXI Cases

During the third quarter of 2016, the IBEW was involved in one Article XX dispute and five proceedings under Article XXI.

IBEW Consolidated Balance Sheet
ending June 30, 2016
Reviewed and Filed

IBEW Pension Benefit Fund Consolidated Balance Sheet
ending June 30, 2016
Reviewed and Filed

IBEW and Subsidiaries Consolidated Financial Statement
ending June 30, 2016
Reviewed and Filed

IBEW Headquarters Building LLC Financial Statements
ending June 30, 2016
Reviewed and Filed

IBEW and Subsidiaries Consolidated Statements for
the Five Year Period
ending June 30, 2016
Reviewed and Filed

Trust for the IBEW PBF and
Subsidiaries Consolidated Financial Statement
ending June 30, 2016
Reviewed and Filed

Trust for the IBEW PBF and Subsidiaries Consolidated Financial Statements for The Five Year Period
ending June 30, 2016
Reviewed and Filed

Pension Plan for International Officers, Representatives and
Assistants of the IBEW Financial Statements
ending June 30, 2016
Reviewed and Filed

Pension Plan for Office Employees of the
IBEW Financial Statements
ending June 30, 2016
Reviewed and Filed

Retirement of International Representatives

George L. Crawford, International Representative,
IBEW Seventh District
Effective — July 1, 2016

Vested Pension

Barbara A. Wallace, International Office Employee
Effective — July 1, 2016

This regularly scheduled meeting was adjourned on Thursday, September 8, 2016, at 12:08 p.m. The next regular meeting of the International Executive Council will commence at 8 a.m. on Monday, December 13, 2016, in Washington, D.C.

For the International Executive Council

Patrick Lavin, Secretary
September 2016

The IEC acted on numerous applications under the IBEW Pension Fund. Click here for a complete listing.