Office of Labor-Management Standards (OLMS)
June 15, 2007
Labor Department Announces Plan to Reduce Delinquency in Labor Union Reporting
The U.S. Department of Labor's Office of Labor-Management Standards (OLMS) has announced a plan to reduce delinquent reporting among labor unions that are required to file annual financial disclosure forms (Form LM-2, LM-3, or LM-4) with OLMS.
Every labor organization representing private sector employees is required to file a report with OLMS within 90 days after the end of its fiscal year, or further enforcement action will be pursued. Each year, however, 30 to 40 percent of unions fail to submit their reports on time, and in some instances reports remain outstanding for over one year.
OLMS' effort to reduce this delinquency will initially focus on approximately 1,275 unions whose reports are over one year past due, including 118 of the largest unions, which are required to file the electronic Form LM-2. These unions should have filed financial disclosure forms for their fiscal years ending in 2005, with the reports due no later than March 31, 2006.
OLMS will send letters to the unions that have not filed their 2005 annual report and, after 30 days, the names of those unions that have not filed will be posted on the OLMS Web site at http://www.olms.dol.gov. Further enforcement action then will be pursued, including referral to local U.S. attorneys for civil or criminal enforcement.
The effort is part of the Department's commitment to financial transparency for union members. This initiative will better protect America's workers by ensuring fuller compliance with the financial reporting requirements under the law.
OLMS administers and enforces most provisions of the Labor-Management Reporting and Disclosure Act of 1959, which was enacted primarily to ensure basic standards of democracy in labor organizations representing employees in private industry. Currently, all labor organization reports filed since 2000 are available at http://www.unionreports.dol.gov. Questions about the completion of the reports can be directed to 202-693-0124 or to email@example.com. Questions about the electronic submission of the reports should be directed to 202-693-0423.
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Last Updated: 06/15/07