M10-032
TO: SPEEA
Council
FROM: Jimmie Mathis (SPEEA Treasurer),
SPEEA Council Officers
SUBJECT: PRE-SUBMITTED NEW BUSINESS: IFPTE
REFERENDUM-Per Capita Tax Assessment
BACKGROUND:
Referendum-Per Capita Tax Assessment
Article 13, Section 13.1(d)
The IFPTE Executive Council has
approved a referendum to SPEEA and the other IFPTE bodies for a $0.15 surcharge
on the Per Capita tax. SPEEA has a
voting strength of 139.
The IFPTE Referendum Ballot is to
approve the enactment of a $0.15 Per Cap surcharge to the per capita tax
formula outlined in Article 13 of the 2009 IFPTE Constitution. The $0.15 per month per capita tax will
commence in the second quarter of 2011 (April payment due in May), and will
continue until April 2031.
This assessment will be used for the
sole purpose of withdrawing the Federation from the National Integrated Group
Pension Plan (NIGPP). All IFPTE Locals
have been provided extensive information explaining the need to withdraw from
the NIGPP plan.
The SPEEA Council will be casting
SPEEA’s 139 votes on this referendum.
SPEEA has an extensive Contract
Administrator and legal support that is not available to most locals. Because SPEEA does not require as many
resources, the SPEEA Per Capita is reduced to and the actual Per Capita
surcharge amounts to $0.10/member/month.
It is moved that: THE SPEEA COUNCIL APPROVES CASTING 139
VOTES FOR THE IFPTE PER CAPITA REFERENDUM.