Office of Labor-Management Standards (OLMS)
U.S. Department of Labor
Office of Labor-Management Standards
Cleveland District Office
1240 East 9th Street, Suite 831
Cleveland, OH 44199
(216) 357-5455 Fax: (216) 357-5425
March 21, 2013
Mr. Perry Geller, Secretary Treasurer
Teamsters Rail Conference
Case Number: 360-16371
LM Number: 542910
Dear Mr. Geller:
This office has recently completed an audit of Teamsters Rail Conference under the Compliance Audit Program (CAP) to determine your organization’s compliance with the provisions of the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA). As discussed during the exit interview with you and Brotherhood of Maintenance of Way Employees Comptroller Michelle Osborne on March 13, 2013, the following problem was disclosed during the CAP. The matter listed below are not an exhaustive list of all possible problem areas since the audit conducted was limited in scope.
The audit revealed a violation of LMRDA Section 502 (Bonding), which requires that union officers and employees be bonded for no less than 10 percent of the total funds those individuals or their predecessors handled during the preceding fiscal year.
The Rail Conference’s officers and employees are currently bonded for $5,000.00, but they must be bonded for at least $44,113.80 (based on January 2012 figures). The Rail Conference should obtain adequate bonding coverage for its officers and employees immediately. Please provide proof of bonding coverage to this office as soon as possible, but not later than April 19, 2013.
I want to extend my personal appreciation to Teamsters Rail Conference for the cooperation and courtesy extended during this compliance audit. I strongly recommend that you make sure this letter and the compliance assistance materials provided to you are passed on to future officers. If we can provide any additional assistance, please do not hesitate to call.
cc: Mr. Dennis R. Pierce, President