Directors of GSU Defense Fund meet, review $3.9 million defense fund investments
The Board of Directors of the GSU Defense Fund met at the GSU office in Regina on November 25. The business of the meeting included a review of Defense Fund Investments which currently stand at $3.9 million (market value).
The Directors received a report on legal expenses incurred defending members' collective bargaining rights and an update on GSU's finances. Considering GSU's current collective bargaining agenda, a motion to transfer $250 thousand to RBC for investment was approved.
At their previous meeting on August 15 the Directors approved setting strike/lockout pay at 75 percent of members' gross regular pay plus payment of group insurance premiums.
The Directors will meet again early in the new year following the completion of GSU annual financial audit.