On Tuesday, Nov. 13, FCA International (FCA) received an official 30-day termination notice from the International Union of Painters and Allied Trades (IUPAT) stating that it is terminating the Labor Management Cooperation Initiative (LMCI). Therefore, the LMCI Trust Agreement will be terminated on Dec. 13, 2018. FCA is preparing more detailed information about the LMCI termination to share soon.
In the meantime, we wanted to answer the question that contractors are asking - "What do I do with my LMCI contribution when the LMCI is terminated?"
Despite what you may hear from the IUPAT, you and your local Iabor partners get to decide what to do with your LMCI contributions. CLICK HERE to read a memo from FCA's legal counsel that provides information on the obligation of contractors upon the termination of the LMCI Trust Agreement.
Webinar - Tuesday, Nov. 20 at 11 AM CT
FCA's legal counsel is hosting a webinar on Tuesday, Nov. 20 at 11 AM CT to provide additional information and answer any questions you may have. CLICK HERE to access the webinar video.
IUPAT Memorandum of Understanding
CLICK HERE to access a Memorandum of Understanding (MOU) that the IUPAT is wanting you and/or your association to sign. We caution against signing the MOU until after you've had discussions with those the MOU would affect, as contractors will no longer be obligated to make the LMCI contributions after Dec. 13, 2018.