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Contribution/Benefit History

Year Amount Benefit Age Bridge
1958 $0.10 $1.60 65 $0
1978 $0.55 $12.60 65 $0
1983 $1.38 $17.00 61 $400
1986 $1.38 $26.00 60 $600
1988 $1.38 $27.30 60 $1,200
2004 $5.30 $108.50 58 $1,500
2006 $5.30 $109.50 58 $1,500
2007 $5.55 $113.00 58 $1,500
2011 $7.30 $113.00 58 $1,500
2012 $7.55 $113.00 58 $1,500


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Scholarship Opportunities & SAT Prep Classes

Local 103, IBEW, is proud to announce the following scholarships:

 

Local 103, IBEW (Awarded by Local 103 through the Massachusetts AFL-CIO Exam)

  • Ten (10) $10,000 Scholarships ~ Five Scholarships are awarded to 5 daughters and five are awarded to 5 sons of Local 103 members.
  • Apply with the proper authorities (Exam Proctor) at his/her school.  It is the student’s responsibility to notify the proper authority at their High Schools of their interest in taking the Massachusetts, AFL-CIO, Scholarship Examination by December 17, 2012.  Study guides may be downloaded at www.massaflcio.org.
  • Complete the enclosed application and return to MA AFL-CIO, 389 Main Street, Suite 101, Malden, MA  02148, or fax to 781-324-8225, Attention:  Carla Trulli (via email ctrulli@massaflcio.org) .  The exam will be administered at the student’s high school on February 6, 2013.  Please be sure to notify your guidance department at your high school of your interest in taking the exam.  If you have any questions, please contact Carla Trulli, 781-324-8230.
  • PLEASE NOTE: Students who live out-of-state must come from a union affiliation and get permission from their high school guidance department to participate.  The school should then contact Carla Trulli to arrange for the exam to be sent.

 

Union Plus Scholarship

  • The scholarship program is open to students (members, spouses and their dependent children) attending or planning to attend a college or university, a community college, or a technical college or trade school.  (Graduate Students are not eligible).   May re-apply each year.
  • Applicants for scholarships are evaluated according to academic ability, social awareness, financial need and appreciation of labor. 
  • The amount of the award ranges from $500-$4,000.  This is a one-time cash award sent to individual winners for undergraduate study beginning in the fall of the same year.
  • Applications: http://www.unionplus.org/college-education-financing/union-plus-scholarship
  • Applications must be received by 12:00 p.m. January 31, 2013.   Winners will be notified in May, 2013.

 

Union Plus – Building Trades President’s Award – National Labor College Scholarships

  • Several Scholarships Available ($915 each) – Finish your BA or BS college degree at the National Labor College (NLC) – the labor movement’s own institution educating union members and leaders.  Each Scholarship covers a 3-credit course
  • Eligibility – current dues-paying members of building trades unions.  Recipients agree to provide feedback on the degree programs.
  • Scholarships are available starting with the January 2013 semester.  Deadline to complete your application is December 10, 2012.  Check with NLC for deadlines for other semesters.
  • To apply, register at the NLC – http://www.nlc.edu/scholarships.html  or 1-888-427-3000

 

 

IBEW Founders’ Scholarship

  • The IBEW Founders’ Scholarship is for IBEW Members only, not for the spouses or children, who have been in continuous good standing for the four years preceding May 1 of the scholarship year.  Please visit http://ibew.org/links/Founders/scholarship.html  for more information.

 

Curry College – Milton, MA

  • Ten (10) Continuing Education Scholarships per year (Undergraduate Courses)
  • Members, Spouses and Dependent Children are eligible
  • One (1) $20,000 Scholarship – Awarded to an incoming Freshman; full-time student; ($5,000 per year)
  • To apply, please contact Roseann at 617-436-3710, ext. 5 (Awards for Continuing Education begin Summer 2013 – limited number available for spring courses)


Jackie O’Neil Memorial Scholarship – Building Trades Training Directors Association of Massachusetts

  • $500 and $1,000 Scholarships Available
  • Dependent Children of Local 103 Members are eligible; High School Seniors or Graduates of High School (GED Acceptable)
  • Application must be submitted through the Business Manager of Local 103 no later than

February 22, 2013.

  • To apply, please contact Roseann at 617-436-3710, ext. 5 (Application will be mailed)

 

The Massachusetts Coalition of Taft-Hartley Trust Funds, Inc.

  • Members, Spouses and Dependent Children and Grandchildren are eligible
  • This scholarship will become available in the Spring – please check their website for updates, www.macoalthtf.org

 

Massachusetts Affordable Housing Alliance (MAHA)/Funded by Taste of Dorchester®

  • One (1) $1,000 Scholarship Available
  • Awarded to a son or daughter of a Local 103 Member residing in Dorchester, attending private/parochial school (elementary and high school) and currently on the Honor Roll
  • To apply, please contact Roseann at 617-436-3710, ext. 5

SAT Prep Classes - 2013

 

Beginning January 12, 2013, Kaplan will be teaching their universally acclaimed SAT preparatory program at the JATC, 194 Freeport Street, Dorchester.  This program will be offered at NO CHARGE to Juniors and Seniors who are children of Local 103 members.  Space is limited in the program and reservations will be accepted on a first-come/first-served basis.

 

Aimed at preparing students for the spring SAT’s, which will be administered in May, tutoring will begin on Saturday, January 12, or Saturday, March 9.  The schedule is as follows (subject to change):

                               

Session

SAT TEST PREP - CLASS 1

1

Saturday

1/12/2013

09:00 AM - 01:30 PM

Practice Test I - Diagnostic

2

Saturday

1/26/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math I

3

Saturday

2/2/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math II

4

Saturday

2/9/2013

09:00 AM - 01:00 PM

Practice Test II

5

Saturday

3/2/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math III

6

Saturday

3/9/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math IV

7

Saturday

3/16/2013

09:00 AM - 01:00 PM

Practice Test III

8

Saturday

3/23/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math V

9

Saturday

4/6/2013

09:00 AM - 01:00 PM

Practice Test IV

10

Saturday

4/27/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math VI

 

 

 

 

 

Session

SAT TEST PREP - CLASS 2

1

Saturday

3/9/2013

09:00 AM - 01:30 PM

Practice Test I - Diagnostic

2

Thursday

3/14/2013

05:30 PM - 08:30 PM

Writing, Critical Reading & Math I

3

Saturday

3/16/2013

09:00 AM - 12:00 PM

Writing, Critical Reading & Math II

4

Saturday

3/23/2013

09:00 AM - 01:00 PM

Practice Test II

5

Thursday

3/28/2013

05:30 PM - 08:30 PM

Writing, Critical Reading & Math III

6

Thursday

4/4/2013

05:30 PM - 08:30 PM

Writing, Critical Reading & Math IV

7

Saturday

4/6/2013

09:00 AM - 01:00 PM

Practice Test III

8

Thursday

4/25/2013

05:30 PM - 08:30 PM

Writing, Critical Reading & Math V

9

Saturday

4/27/2013

09:00 AM - 01:00 PM

Practice Test IV

10

Thursday

5/2/2013

05:30 PM - 08:30 PM

Writing, Critical Reading & Math VI

 

For more information and/or to register (remember space is limited) please call Roseann Flaherty at 617-436-3710 x5, or via email, rflaherty@ibew103.com.  The deadline for registration is January 4, for Class 1, and March 1, for Class 2.


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Local 103 Officers

IBEW Local 103 Officers and Staff

 

Dumas

John P.

President

jdumas@ibew103.com

Sheehan

Robert

Vice President

bsheehanlu103@comcast.net

Cain

Jeffrey W.

Treasurer

jeffwcain@hotmail.com

Monahan

Chuck

Financial Secretary

cmonahan@ibew103.com

Monahan

Richard

Recording Secretary

 


 

Business Manager’s Department

Monahan

Michael P.

Business Manager

mmonahan@ibew103.com

Antonellis

Louis J.

Business Agent

lou@ibew103.com

Antonellis, Jr.

Richard L.

Business Agent

rantonellis@ibew103.com

Calder

Michael E.

Business Agent

mcalder@ibew103.com

Callaghan

Sean M.

Business Agent

scallaghan@ibew103.com

Sheehan

Donald F.

Business Agent

dsheehan@ibew103.com

Walker

Gary W.

Business Agent

gwalker@ibew103.com

Corley

William T.

Organizer

bcorley@ibew103.com


 

Executive Board

Bonanno, Jr.

Robert F.

Executive Board

bobbybo33@verizon.net

Leahy

Thomas D.

Executive Board

tdl4103@comcast.net

Monahan

Kevin W.

Executive Board

kmonahan@verizon.net

Roche

Paul G.

Executive Board

pgr103@aol.com

Sheehan

Jeff M.

Executive Board

j_sheehan@globe.com

Tallent

Kenneth

Executive Board

kt103@verizon.net


 

Examining Board

Aikens

Frank

Examining Board

frank.aikens@yahoo.com

Antonellis

Chris

Examining Board

ccpcfamily@yahoo.com

Barton

Brian

Examining Board

Jakeluke2@verizon.net

Donahue

Michael

Examining Board

mdonahue103@aol.com

Sharpe

Bernie

Examining Board

bsharpe13@comcast.net

 

Joint Apprenticeship Training Committee

O'Connell

James M.

Training Director

joconnell@ibeweducation.com

Sherlock

Christopher

Training Director Asst

csherlock@ibeweducation.com

O'Toole

Thomas

Training Director Asst

totoole@ibeweducation.com

Gambino

Richard P.

Trust Fund Administrator

rgambino@trustfunds103.com


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Political Action

This is a crucial time for working men and women. Working families face unprecedented pressures: on our jobs, on our wages, on our health insurance, on our pensions, and on our time.

 

The unprecedented pressures we face arise from an unprecedented assault. Over the last 25 years, political power has shifted dramatically to corporate and wealthy special interests and away from working families. Since November 1994, our representatives -- elected to represent us but, in many cases, controlled by corporate special interests -- have assaulted 60 years of progress. They have taken up schemes to undercut or destroy what working families and our unions fought to build; the 40-hour work week, prevailing wages, Medicare and Medicaid, Social Security, education and student loans, job health and safety enforcement, and our right to organize unions.

 

For too many years, the voices of working people have been drowned out in the political process. A lot of workers are starting to think their voices don't matter anymore.

And that's why we must educate and mobilize people who work for a living around the issues that affect our lives and our children's futures. You are not alone in the pressures or the worries you face. Together, our voices can make a difference. Together, we can fight for our rights -- in Congress and on the job.

During election years, we must put more volunteers into Congressional districts than ever before. There is a need to conduct massive voter education and get out the vote efforts. We should judge candidates by the issues that affect our lives and mobilize workers to campaign and vote for candidates who stand with us and then hold them accountable, once they are elected.

 

Educating our members is the single most important step we can take to getting all Americans back to work at well paying jobs. We must organize and work together with the IBEW and AFL-CIO nationally, to protect our jobs and workers rights -- well informed people have extraordinary power.

 

This is not about Republicans and Democrats. Its about candidates who stand with working families on issues that affect our lives, our parents, and our children's futures. It's time for working people to get informed , get involved and make our country a nation that respects workers and rewards work.

 

All of this takes a lot of money. Over the years, IBEW Local 103 has played a major role in educating workers and providing a significant amount of money to the National IBEW. Committee on Political Education.

 

What Can You Do to Help?

Volunteer when the Local needs help for voter registration drives, get out the vote campaigns, phone banks, visibility days, writing politicians on key issues, etc. Also, if you haven't already signed a voluntary PAC-COPE card, please do so!

 

Help us to rebuild the union movement and to make more job opportunities for our members.

 

If you have any questions regarding how you can get involved or need more information on how the .04 per hour is spent, please call me at the office (617) 436-3710.

 

Thank you in advance for your anticipated cooperation.

 

Fraternally,

Michael Monahan, Business Manager

 


 


Move from Defined Benefit to Defined Contribution

  • 1985-2002: 72% of Defined Benefit Plans Dropped
  • Hewitt Survey
    • 32% of companies surveyed are “very” or “somewhat” likely to close Defined Benefit Plans
    • Another 23% likely to change the terms of their Defined Benefit Plans

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National Electrical Benefit Fund

  • Year Started - 1946
  • 300 Hours (Good Year)
  • Plan Year – Calendar Year
  • Contribution
    • 1946-1976 – 1% of Gross Earnings
    • 1976-Present – 3% of Gross Earnings
  • Age
    • Normal – 65
    • Early – 62 - unreduced – must qualify with 300 hours in one of the last 7 plan years
    • Early – 60 – reduced - must qualify with 300 hours in one of the last 7 plan years and is reduced
    • 9 ¼% every year back from 62
  • Benefit - $32 per credited year (regardless of your contribution)


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Retirement Facts

  • In the future, Americans will spend less time in retirement
  • Average retirement age will rise from 62 to 73
  • Because not enough savings to maintain lifestyle
  • Time spent in retirement will drop from 14.4 to 9.2 years
-Professor Jeremy Siegel, Finance – Wharton School

Local Union Pension

  • Year Started - 1958
  • Plan Year – November 1 to October 31
  • Vesting – 5 years after 1997 (10 years prior to 1997)
  • Good Pension Year –
    • 1958 – 1975 – 1,334 Hours – no averaging
    • 1976 – Present - 1,400 Hours with averaging
    • 200 Hour Rule
  • Age
    • Normal – 58
    • Early - 55
  • Contribution - $5.80
  • Benefit - $113.00 + $1,500 Bridge
  • Spousal Option - Automatic - 50% of your monthly pension for life

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By Webmaster

...highlights include pension fund growth and a 2012 market report. 

Click here to download.

By Dominic

Click here to download... please credit "Local 103 IBEW"

By Webmaster

WinterPDF

Included in this edition, Renewable Power News, Project Spotlight, Community Outreach and as always - the Business Managers Report. Download your copy by clicking this picture above.

By Webmaster

Our quarterly newsletter is now available, and is full of IBEW 103 news and information - including a Trust Fund update, project news and what's happening with education and training.  As always it's rounded out with a report from BM Mike Monahan.  Download it now!

By Webmaster

Recently, a Suffolk Superior Court affirmed the long-held position of the MA board of Examiners, that licensed electricians must install solar (PV) systems with assistance from other non-electrical building professionals if necessary.  A Big win for the IBEW, local 103 and the general public.


Links and General Content

CantonSolarExposed.com


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