Category Archives: Defense Fund

If you are a GSU member who is interested in becoming a director on our Defense Fund board, we want to hear from you.

  Delegates to GSU’s 2023 biennial policy convention in March will elect five directors to the board of GSU’s Defense Fund. The directors hold quarterly meetings (some years a few more meetings might be necessary). The aim is to hold … Continue reading

Defense Fund, general interest - GSU members

GSU Defense Fund directors meet, approve strike/lockout pay for Local 8 (AEA) members

The board of directors of GSU’s Defense Fund met April 5 to authorize steps necessary to support members of AEA/GSU Local 8 in the event their bargaining dispute leads to strike or lockout action. Directors unanimously approved strike/lockout pay of … Continue reading

Defense Fund

GSU members vote to continue Defense Fund dues

A majority of 72.81 percent of members voting at GSU annual meetings have voted to approve a motion to continue the additional dues being paid into the GSU Defense Fund for another year. Votes on the additional dues were conducted … Continue reading

Defense Fund, general interest - GSU members

Three new directors elected to GSU Defense Fund

Sharlene Lark (Local 5 – Western Producer), Bruce Thompson (Local 15 – Nutrien) and Lynn Shaw (Local 15 – Nutrien) were elected to the board of directors of the GSU Defense Fund by the Sept. 24 meeting of the union’s … Continue reading

Defense Fund

We’re accepting expressions of interest from GSU members wanting to become a GSU Defense Fund director

The board of directors of the GSU Defense Fund  is responsible for overseeing the administration and investment of the Fund assets (currently $5.3 million). The primary purpose of the Fund is to provide income protection and assistance to GSU members … Continue reading

Defense Fund

GSU Defense Fund Directors meet, review first quarter report

A conference call meeting of the board of directors of the GSU Defense Fund was held on Wednesday, April 28. The directors received and reviewed RBC’s first quarter report for 2021 which indicates a modest improvement of .39 percent in the … Continue reading

Defense Fund

Would you like to be a GSU Defense Fund director? Learn more here

GSU convention delegates will elect five Defense Fund directors When delegates to GSU’s biennial conventions meet they elect five union members to two-year terms on the board of directors of the GSU Defense Fund. The elected directors oversee the administration … Continue reading

convention, Defense Fund

GSU Defense Fund ends year with new h­­­­igh

The Defense Fund is an important component of union members’ resources. The primary purposes of the GSU Defense Fund is to ensure and provide for the continued operation of GSU and to provide strike/lockout pay to members of GSU in … Continue reading

Defense Fund

GSU Defense Fund directors meet to review investments, finances

The board of directors of the GSU Defense Fund met on Dec. 10 to receive an update on the financial position of the Fund and hold an investment review meeting with representatives of RBC Dominion Securities. The reports received by the … Continue reading

Defense Fund

Defense Fund board of directors meets, approves transfer for legal expenses

The GSU Defense Fund Board of board of directors met via conference call on May 24, 2018. The purpose of the meeting was to receive an update on the value of the Fund’s assets and to consider a resolution adopted … Continue reading

Defense Fund, general interest - GSU members

Convention delegates set union’s course for the next two years

GSU members, officers, staff, and guests gathered in Humboldt from March 22 to 24 for GSU’s biennial policy convention. Most notably, convention delegates: adopted the Joint Executive Council’s annual report and GSU’s audited 2017 financials statements, and authorized distribution of … Continue reading

convention, Defense Fund, general interest - GSU members

Changes and updates to the $4+ million Defense Fund will be discussed at convention

In addition to reviewing amendments and changes to GSU’s Defense Fund, GSU convention delegates will elect five of their peers to serve as the Defense Fund Board of Directors. (Learn more about the Defense Fund, the Board, and their responsibilities … Continue reading

convention, Defense Fund

GSU’s Defense Fund directors approve recommendations to re-balance equity

GSU’s Defense Fund directors and GSU general secretary Hugh Wagner met with RBC investment advisors Keith Pavo and Derrick Ng to review Defense Fund investment returns for 2017. Pavo and Ng provided a portfolio review with a focus on fixed income returns … Continue reading

Defense Fund

Voters approve continuation of GSU Defense Fund dues

As they have for more than 20 years, GSU members attending 2017 annual meetings considered, debated and ultimately voted on whether to continue the additional union dues of $10 per member per month being paid into the GSU Defense Fund. Once … Continue reading

Defense Fund

GSU Defense Fund directors meet, receive fund update

The board of directors of GSU’s Defense Fund met by conference call Nov. 30. The meeting included an update on the value of the Fund, which is currently $4,153,000. The assets of the Fund consist of $3,798,000 invested with RBC … Continue reading

Defense Fund, general interest - GSU members