ยง18.1
Amalgamated Transit Union
to the existing per capita tax amount in order to determine the amount of increase in per capita (which shall be rounded to the nearest $.05) and thereby establish a new per capita rate for active members. Thus, the adjustment effective July 1, 2011, shall be based on the percentage increase, if any, in the CPI between December 2009 and December 2010, and like adjustments shall be made annually thereafter. Any such increase in per capita tax shall be added to the actual dues paid by active members in each L.U. The per capita tax payable by each L.U. for each pensioned member shall not be subject to annual adjustment and shall be the sum of two dollars ($2.00) per pensioned member retired prior to January 1, 1993, and four dollars ($4.00) per pensioned member transferred to pension status on or after January 1, 1993. Pensioned members are those members who have retired on pension and/or social security or railroad retirement, and are not employed in our industry or are totally and permanently disabled. All other members are considered active members and shall be required to pay the per capita tax applicable to active members. The per capita tax shall cover the general expense of the I.U., including the funding of In Transit and the A.T.U. Pension Plan and Trust 80