Beneficiary Features of American Trade UnionsKennedy, James Boyd
History
Beneficiary Features of American Trade Unions
Kennedy, James Boyd
Fraternal insurance -- United States; Labor unions -- United States
Only a few unions have decreased the amount of the benefit from that
first established. Among these are the Brotherhood of Carpenters, the
Brotherhood of Leather Workers on Horse Goods, the Tailors' Union, and
the Metal Polishers' Union. In the case of the Carpenters the death
benefit which was originally established at $250 in 1882 was $100 in
1905. Changes of this kind have naturally followed the too liberal
policy of inexperienced unions.
The following table, giving the amount of the death benefit as
originally established and as paid at present in certain of the more
important unions which have adopted the graded death benefit,
illustrates the variety of forms which the systems take:
AMOUNT OF DEATH BENEFIT.
==========================================================================
| | Date of | |
|Date of |Introducing|Amount of Death |Amount of Death
Name of | Organi-| Death | Benefit Paid |Benefit Paid in
Union | zation | Benefits | Originally | 1905.
--------------------------------------------------------------------------
Boot and | 1895 | 1898 | $50 for six months' |$50 for six months'
Shoe | | | membership. | membership.
Workers | | | $100 for two years' |$100 for two years'
| | | membership. | membership.
| | | |
Carpenters,| 1881 | 1882 | $250 for six months'|$100 for six
Brotherhood| | | membership. |months' membership.
of | | | |$200 for one year's
| | | |membership.
| | | |
Cigar | 1864 | 1867 | Yield of a 10 |$50 for two years'
Makers | | | cent per capita | membership.
| | | assessment. |$200 for five
| | | | years' membership.
| | | |$350 for ten years'
| | | | membership.
| | | |$550 for fifteen
| | | |years' membership.
| | | |
Granite | 1877 | 1877 | $50........... |$50.
Cutters | | | |$75 for six months'
| | | | membership.
| | | |$100 for one year's
| | | | membership.
| | | |$150 for five
| | | | years' membership.
Public-domain text, read in full here on John Shaqi.
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