Union News

Featured News Stories

06/17/2020
As you may know, the union recently succeeded in getting the agency to increase the amount of annual leave that a bargaining unit employee can carry over from one leave year to the next from 240 hours to 360 hours. Consequently, fewer staffers have to worry about some of their annual leave disappearing at the end of the year because it exceeds the old carry-over limit of 240 hours. However, many employees are now reaching out to the union to say that, given the pandemic, they might not be taking travel vacations this year and might therefore end up with more annual leave at the end of the... Read more ...
06/17/2020
Chapter 293 is mourning the loss of NYRO manager and former union steward, Azam Riaz, who passed away recently after a long battle with COVID-19. Following is an interview and profile of Azam that the union published in 2008:
This month Chapter 293 Works interviewed Azam Riaz, who is a Chapter 293 steward working in the New York Regional Office.
Azam began his career at the SEC after receiving his MBA from Farleigh Dickinson University seven years ago. He started as a compliance examiner and is now a staff accountant. His job includes conducting and participating in examinations of investment... Read more ...
11/05/2019
NTEU is continuing its fight against President Trump’s unlawful Executive Orders on multiple fronts. The union is fighting agency efforts to impose the harmful terms of the Orders in new contracts, such as caps on official time and limits on grievance rights, and we are filing administrative challenges when those agencies persist.     
In addition to our efforts at the bargaining table and our grievance procedures, we are supporting a new litigation effort brought by the National Association of Agriculture Employees. The federal appellate court in Washington, D.C. ruled against us. That court... Read more ...
06/04/2019
The House Appropriations Subcommittee on Financial Services and General Government, which determines funding for, among other things, the SEC and other NTEU-represented agencies and has jurisdiction over government-wide employee issues, has voted to approve its FY 2020 bill. The full Appropriations Committee voted to approve the bill today. NTEU is pleased to inform you that the bill calls for a $175 million increase for the SEC, $100 million over the Administration’s request, which should allow for improved compensation as well as needed staffing increases. NTEU has worked hard to obtain... Read more ...

More Union News

12/13/2019
Yesterday afternoon, congressional leaders announced that they have reached a deal in principle on government funding for FY 2020, reducing the possibility of another shutdown just a week before the current Continuing Resolution (CR) expires on December 20, 2019.
The agreement will be drafted into at least two minibus packages this weekend, with the House and Senate planning to hold floor votes next week. The House is expected to vote as early as Tuesday, followed by the Senate later in the week.    
NTEU has pushed for many funding and policy priorities in the final spending deal, and we ... Read more ...
08/27/2019
WHEN: On Thursday, October 17, 2019, from 12:00 PM to 1:00 PM Eastern, NTEU Chapter 293 will hold its annual member meeting. Union members in Washington, D.C., may want to arrive between 11:30 AM and 12:00 PM to ensure that their names are checked prior to 12:00 PM. After the meeting, we will serve a barbecue lunch to all members in the Multipurpose Room in Headquarters.
NONMEMBERS:  Over 70% of bargaining unit (non-management) employees at the SEC are members of the union. Any bargaining unit employee who is not yet a member of the union who would like to attend the meeting and luncheon may... Read more ...
GOAT Rodeo
08/27/2019
They are attorneys at the SEC by day, aspiring rock stars by night.  And Thursday night, Sept. 12, their band, G.O.A.T. Rodeo, will be competing for the second time in Law Rocks – a battle of the bands for rock n’ rolling legal professionals.  In 2018, the band was selected as the DC crowd favorite, and raised more than $15,000 for charity.  
Like last year, the band is playing to benefit the Federal Employee Education and Assistance (FEEA) Fund, NTEU’s non-profit organization, which is devoted exclusively to helping federal employees and their families through emergency assistance and... Read more ...
07/01/2019
Last week, the House of Representatives passed a Fiscal Year 2020 (FY 2020) spending bill by a vote of 224 to 196 that included funding for a number of agencies where NTEU represents employees, including the SEC, IRS, Bureau of Fiscal Service, Treasury Departmental Offices, Bureau of Engraving & Printing, Federal Communications Commission and the Federal Election Commission.  Earlier that week, NTEU sent a letter to members of the House of Representatives urging them to support this bill, reject amendments that cut agency funding and support other amendments to support employees at the... Read more ...
SEC Headquarters
03/19/2019
In a reversal of the SEC’s longstanding approach to recruiting and retaining an elite corps of professionals, the Commission announced today, over the union’s objection, that it will impose the lowest 2019 pay package in the federal sector, based on currently available data. This is despite Congress fully funding the SEC’s annual budget request this year.
SEC management has notified the union that it intends to impose a total pay increase of 2.4% for 2019. Only 1% of this increase will be applied to raise the SEC’s pay caps at the top of grades—roughly one third less than the 1.4% cap... Read more ...
White House
03/19/2019
The second part of the White House 2020 budget proposal released this week reaffirms the administration’s persistent, sprawling agenda to denigrate federal employees, shrink their paychecks and pensions and weaken their rights in the workplace. “Just like last year, I am appalled to see an administration put in writing so many different ways to attack its own employees,” said National Treasury Employees Union President Tony Reardon. “Under the guise of ‘strengthening the federal workforce,’ this budget proposal would cut their take home pay, reduce their retirement benefits, expose them to... Read more ...