STRONG, STEADY, PROVEN, EFFECTIVE LEADERSHIP

WHEN IT’S NEEDED MOST

Re -
Elect Mike Monahan
Business Manager
Local 103, IBEW

Election Day: Saturday, May 7, 2011

ElectMikeMonahan.com
 How is Mike Monahan performing on his 20 Year Plan? Here’s his report card:
Dear Member,
Combat the trend of Public Work going to Non-Union contractors
What our nation has seen over the past few years – turmoil in the financial
markets and a rising trend of attacks on organized labor – has made it
absolutely vital for IBEW, Local 103 to have proven leadership that not only
recognizes the problems we face but also is able to implement solutions
that will keep our local union strong going forward.
Local 103’s public market share has increased from just 12% in 1999 to over 70%
today. This is thanks to the methodical vision of Business Manager Mike Monahan.
The Market Recovery Program he instituted when he came into office has completely
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flipped the trend of public work going to non-union contractors.
The economic collapse of late 2008 required the Business Manager’s office
to provide strong, steady, and effective leadership. Recognizing the skill
and expertise it would take to make sure that our Funds did not suffer the
Grow the Local 103 contractor base
way so many other pension funds did during the economic crisis, we
brought in the right people, who knew how to get past the hardships and
adopted a sound financial policy, positioning Local 103 to be ready for the

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Recognizing what a great product and tremendous value Local 103 has to offer
eventual rebound of the markets. What we can say now is that this approach has kept our Funds stronger than
electrical contractors and that far too many were choosing to not partner with Local
most similar funds and our local union is well-positioned to take on the challenges of the future.
103, Monahan started an aggressive top-down organizing drive. He was able to
convince some of the most successful open shop electrical contractors in our area that
As a local union, we have maintained our dedication to regaining a greater share in the public market. Whereas
they could prosper with Local 103 by becoming union.
in 1999 we were winning just 12% of public jobs inside of our jurisdiction, today we are consistently successful
on over 70% of bids in the public sector. The reasons for this are that we have expanded our contractor base, we
have introduced the Market Recovery Program which allows Local 103 contractors to seek aid in winning jobs
Promote Local 103’s message to the general public
that would otherwise go to nonunion contractors, and we have begun utilizing the newest technologies to track
jobs and to stay ahead of the market. Without the innovative thinking it took to implement these changes, our
local union would not be in the position that it is now, at the top of the electrical industry in Greater Boston.

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Organized Labor’s image has been severely bruised and damaged over the past half
century. Monahan started a public campaign to change how Local 103 was perceived
We are also proud to say that throughout all of the uncertainty of the past few years, Local 103 has never given
in the public’s eye. With our TV, radio, and print campaign, Monahan has transformed
up its commitment of service to the community. We have expanded our outreach to veterans returning from
the perception of Local 103 into that of a professional and productive organization.
war and have increased our ability to provide aid to those members and their families who are seeking to further
their education.

Throughout the unrest in the financial markets that began in the Fall of 2008, I learned much about what it takes
Commit to training the best apprentices possible
to guide a large organization through an economic crisis, while keeping our funds in good shape and preserving
the services we are able to provide for our membership. This experience has only reinforced my already strong
desire to continue with the long-term vision I had when I came into office.

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Our future as an organization depends on today’s apprentices, whose man-hours will
not only provide for their families but also will ensure continuous benefits for our
I now respectfully ask for your vote so that I can continue to provide the strong, steady, effective leadership that
retirees now and in the future. Local 103 has had to raise the bar at the
you deserve. The experience I have gained over the recent economic downturn, coupled with the eight years I
apprenticeship school to meet the need for the future.
have served as your Business Manager, will allow us to continue to build on our past successes and to form a
better future for Local 103 members and their families.

Fraternally,
Track emerging technology to be ready for tomorrow’s industry

Michael P. Monahan Recognizing that the renewable energy sector would take off in the near future,
Monahan was ahead of the curve, branding and training, positioning Local 103 as an
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industry leader in this sector.
The Business of Local 103
Halfway through the 20-year plan that Mike
Monahan put into effect in 1999, Local 103 is
in a much better position than it was just 10
years ago thanks to Monahan’s strong,
steady, proven, and effective leadership. After
almost three years of uncertainty in the
financial markets, the Local 103 Funds
continue to outperform other similar funds
because of shrewd decision-making and
careful planning. Local 103 has grown its
contractor base in order to increase the
number of jobs it is able to win. Through this
all, the Local 103 Health and Welfare Fund
remains strong, allowing Local 103 to provide
quality coverage to all of our members. This
commitment to our membership’s prosperity
and well-being is what sets us apart as a
union. The Market Recovery program has so
far completely reshaped the face of bidding
inside Local 103’s jurisdiction. Whereas in
1999, Local 103 was winning only 12% of
public work, our union is now consistently
successful on over 70% of bids in the public
sector, thanks in large part to the Market
Recovery Program.
HEALTH AND WELFARE FUND
Because of the dedication to improving the lives
of all our members, whether working,
unemployed, or retired, and all of their families,
Local 103 has been able to continuously provide
good quality health care and well-being through
the Health and Welfare Fund. The coverage
that Local 103 provides is unmatched in our
industry and allows our members to lead
healthy and productive lives.
THE BIG PICTURE Monahan and the Local 103 Trustees have not given up
the long-term focus of the Funds’ investments and as a
payments without interruption. This is something
that cannot be said for so many other organizations
The worldwide financial crisis that began in 2007 and result, the Funds have been able to benefit from the across the country.
lasted into 2009 has proven to be the worst economic recovery that has been happening since 2009. The
downturn in the United States since the Great Depression. Pension Fund now sits in the Green Zone of fund Only through the efforts of Mike Monahan and the
The recent recession lasted longer than any recession ratings, the highest status available, while so many Trustees of Local 103 have we been able to protect
since the 1930s and the decline in the U.S.’s GDP as a pension plans across the region and the country were the Union Funds during the most difficult period in
result of the recession was the largest since the declared to be in the Yellow Zone or Red Zone, which U.S. economic history since the Great Depression.
Depression. The combination of a housing bubble mark a critical or endangered status. Local 103 has Because of their work, IBEW, Local 103 members and
bursting, excessive borrowing by consumers and been able to continue to make benefit payments to their families have continued to be able to receive the
businesses, corrupt actions by financial institutions, and retirees and family members as well as health care benefits they have earned and deserve.
bank failures all came together in 2008 to cause a decline
in all investments across the board. Equity markets fell by
as much as 75% and some bonds have lost virtually all of
their value. Stock markets are still struggling to rebound
from the economic meltdown. Over 8.5 million jobs were
lost during the recession and the construction industry
has been faced with 30-40% unemployment.
Needless to say, the effect that this financial situation has
taken on benefit plans across the country has been
substantial, as nearly all investments lost value and there
was no reasonable safe haven. However, the IBEW, Local
103 Pension Fund was able to perform better than 85% of
similar plans in 2008. Because of a strategy,
implemented by Business Manager Mike Monahan,
which calls for a combination of diversified investments,
seasoned consultants, managers and advisors, and a
conservative approach to investing, IBEW, Local 103 Funds
have been able to withstand the economic turmoil
without serious damage to the Union Funds. The Local 103 Pension Fund has remained in the Green Zone throughout the
economic collapse of the past three years. Local 103’s Pension Fund is amongst a
minority of funds above 90% funded
ElectMikeMonahan.com
Some of the benefits to members include:
MARKET RECOVERY PROGRAM
• Full health benefits for Retirees aged 58-65 $160 million on Local 103’s initial $20
with no co-pay With the $20 million invested in the Market million. The program has truly turned
• Medicare supplemental coverage for those Recovery Program, Local 103 recaptured 1 around our chances of winning every bid
age 65+ million hours of electrical work that possible to provide more work for our
• $59 million spent last year on health claims for otherwise would have gone to nonunion members
Local 103 members and families contractors. As a result, over 500 Local 103
• $16.7 million spent last year on prescription members were kept on the job daily thanks to Over 70 Local 103 contractors are successful
drug coverage for Local 103 members and Market Recovery aid. in outbidding their nonunion competition
families every year thanks to the Market Recovery
• Full health insurance coverage for unemployed What this translates to is a return of around Program.
members
 A CEO of Our Interests Day-to-Day Operations Joint Apprenticeship Training Committee
In his role as Business Manager, Mike Monahan must: Mike Monahan also oversees:
• Apprenticeship School – a 501(c)(3) Educational
In such troubled economic times, it has never • Manage a Staff of 10 Business Agents, who are tasked
Corporation
been more important to have a Business with organizing and creating jobs
• JATC Board of Trustees, as the Lead Trustee
Manager who understands that leading Local • Negotiate and administer over 50 different Collective
Bargaining Agreements • Curriculum, administration, budget, maintenance
103 is much like running a large business.
and modernization of the school building
Mike Monahan has consistently proven that • Manage relations with over 200 signatory contractors
• 69 teachers
he is able to fill that role as a CEO of all of our • Assist Union contractors through the bidding process
• JATC Trust Fund
interests. Overseeing a membership of 7,000 • Manage the Market Recovery Program, with an annual
active members, retirees and apprentices, $20 million funding, keeping an average of 500 • Adhering with state and federal regulations
Business Manager Monahan discussing upcoming
members actively working every year. and accreditation
over $1 billion in fund assets and investments, projects with Boston’s Mayor, Tom Menino

a healthcare system that is able to cover all
members, unemployed and retired, and
negotiating over 50 individual collective
bargaining agreements are just some of the
many duties facing Mike Monahan on a daily
basis. Monahan’s vision for the future and
innovative thinking are what allow him to
identify Local 103’s needs and build a
pathway to all of our success.
$701 Million – IBEW, Local 103 Pension Fund
$479 Million – IBEW, Local 103 Deferred Income Fund
$8.2 Million – Loan Program from Deferred Income
Fund
$59 Million – Amount spent last year on Health Claims
$16.7 Million – Amount spent last year on Prescription
Drugs
2,192 – Number of monthly checks received by Local
103 Retirees
11.1% - Rate of return of Local 103 Pension Fund
223 - Contractors filing monthly reports
50+ Different Collective Bargaining Agreements
• Negotiate Health and Prescription Drug Plans • Managing contractor contributions to the JATC
Focusing on the Long-term
As Lead Trustee, Mike Monahan is responsible for:
• Pension Fund - $701 million, 2,192 monthly checks,
over 200 contractors reporting monthly earnings
• Deferred Income Fund - $479 million, with a $8.2
million Loan Program
• Health and Welfare Fund – covering 15,000 lives, while
still providing top-quality coverage for workers,
retirees, and unemployed members.
• General Fund - $22.1 million
Business Manager Monahan with
• Market Recovery Fund - $ 20 million
IBEW International President Edwin Hill

ElectMikeMonahan.com

Pension Investment Jobs IBEW, Local 103 Collective Bargaining Agreements:

By investing in jobs through the Local 103 Pension Fund, we are literally putting members to work on local • Able Engineering (Prudential Center) • Colonnade Hotel • Mass Turnpike Authority
projects. A look at some of the recent investments: • Able Engineering (Life Science) • EMCOR (Moakley Courthouse) • MBTA
• ADT Security Services • EMCOR (McCormack Building) • Merck
AFL-CIO Housing Investment Trust ASB Capital Multi-Employer Property Trust NEBF (continued) • Beacon Capital • EMCOR (Waltham) • MetroWest Medical Center
• Back of the Hill, Boston • Arbor Pointe, Medford • The Liberty Hotel • St. Paul Crossing, Brookline • Boston Globe Newspaper • Everett Housing Authority • Multiband/DirecTV
• Franklin Hill, Boston • Two Financial Center, Boston • 50 Post Office Square • Cambridge Discovery Park • Boston Herald Newspaper • Faulkner Hospital • Museum of Fine Arts
• Casa Maria, Boston • The Peninsula I&II, Boston • Burlington Office Center I • Avenir Apartments, Boston • Boston Housing Authority • Hancock Building (Old and New) • New Boston Garden Corporation
• Squantum Gardens, Quincy • 1000 Tech Drive, Stoughton • Burlington 400 • Brewery Lofts, Boston • Boston Lightning Rod • Harvard University • Norwood Hospital
• Hemenway Apartments, Boston • Station Landing, Medford • Cambridge Street, Burlington • Mass. Department of • Brigham & Women’s Hospital • Holy Name Hospital • Quincy Housing Authority
• Heritage House, Newburyport • Burlington 300 Education HQ, Malden • BTE at Boston Scientific • IAP World Services (Hanscomb AFB) • Reading Municipal Light Department
• Hope Garden, Attleboro J for Jobs • 801 Massachusetts Ave., • Penmark, Boston • Carney Hospital • Inside Construction Agreement • Russia Wharf
• Rolfe House, Lynn • 636 Beacon Street, Boston Burlington • James Court, Boston • Children’s Hospital, Boston • International Sound • Sterling Suffolk Race Course
• Franklin Park Apartments, • Stop & Shop, Boston • Children’s Hospital, Waltham • IPC Information Systems • St. Elizabeth’s Hospital
Boston • Knoll International, Boston National Electrical Benefit Fund • Christian Science • JLL (Novartis) • Telecommunications Agreement
• Old Colony Redevelopment, • Acorn Park, Cambridge • One Congress Street, Boston • City of Boston (Inspectors) • Johnson Controls • Union Hospital (Lynn)
Boston • Cambridge Place, Cambridge • 33 Arch Street, Boston • City of Cambridge • Lynn Housing Authority • UNICCO (Gillette Stadium)
• Washington Beech Development, • Haywood Associates, Danvers • Munroe Place, Quincy Center • City of Chelsea • Marshall’s Warehouse • UNICCO at State Street
Boston • City of Everett • Mass Port Authority • Wonderland Race Track
Community & Education
Providing access to superior industry training
has always been a cornerstone of Mike
Monahan’s commitment to the professional
excellence of Local 103’s members. Through
an unprecedented partnership between Local
103 and Wentworth Institute of Technology,
Monahan’s efforts to enhance educational
opportunities for 103’s Members have given
many a chance to realize their desire for a
college degree. Monahan will continue to
look for and cultivate new educational and
community relationships with the hope of
broadening opportunities for 103 Members
and their families while strengthening our
commitment to the communities in which we
work and live.
WENTWORTH DEGREE PROGRAM
Recognizing the desire of many Local 103 members to
continue their education, Mike Monahan negotiated with
Wentworth Institute of Technology to offer an Associate
Degree in Applied Science in Engineering Technology to
members.
Classes and training take place at the JATC during times
that fit the busy schedules of our members who are
juggling a career, a family, and other priorities. The
program is being offered to members at 33% off of tuition.
The discounted rate is locked in for the entire life of the
coursework toward the Associate Degree, meaning that
members can earn their degree for less than $10,000.
Because of the skill level that Local 103 members are
already able to reach through our apprenticeship
program, Wentworth awards members with 27 credits
entering the program. Students must then earn the
remaining 33 credits to reach the 60 credits necessary for
graduation. Wentworth also allows to transfer in an
additional three credits from an approved program,
meaning that some students may begin their path to an
Associate Degree, already halfway to completion.
The first class of Local 103 members is set to graduate
with their degrees from Wentworth in August of this year.
By all accounts, the program has been a major success.
The ultimate vision for the Wentworth program is to
expand the opportunities available to Local 103 members
to include a Bachelor’s Degree as well. This program just
goes to show the commitment that Mike Monahan and
Local 103 have to improving the lives of members and
their families.
Follow this TAG for information on the
Wentworth Program

ElectMikeMonahan.com

JATC AND INDUSTRY TRAINING LOCAL 103 SCHOLARSHIPS
• Massachusetts AFL-CIO Scholarships - Through the
The commitment and focus that Local 103 has brought to its industry training offerings has Massachusetts AFL-CIO, IBEW, Local 103 has been able to
led to recognition from the International Brotherhood of Electrical Workers, who has more than double its scholarships available for children of
recognized Local 103 as one of the top three Locals in the nation in offering continuing
Local 103 members. This year, scholarship awards of
education for its Journeymen and Technicians.
$10,000 were available to ten children of Local 103
members for a total of $100,000.
What Local 103 is most proud of is our ability to provide our membership with Code Update
Classes at no cost to members. This ensures that Local 103 electricians and technicians • Union Plus Scholarships – This is a one-time award of
remain the most skilled in the region, while saving members hundreds of dollars on $500-$4,000 scholarships for members, spouses, and
updates. their children who are pursuing an undergraduate degree
at an accredited college or university.
• IBEW Founders’ Scholarship – This award is available to
IBEW members with four years of continuous good
standing only. Members receive $200 for every semester
credit hour taken for a maximum of $24,000 per person.
• Curry College Scholarship – Ten continuing education
scholarships go to Local 103 members, spouses, and their
children, worth $810 (a full course) each. In addition, one
$20,000 award goes to an incoming Freshman every year.
• SAT Tutoring – Local 103 offers SAT Tutoring through
Kaplan to college bound children of Local 103 members.
Courses are held right at the JATC and the program is
available at no cost to members. To date, more than 450
members’ children have benefited from this course.

HELMETSTOHARDHATS.ORG the Helmets to Hardhats website. HABITAT FOR HUMANITY

Helmets to Hardhats recognizes the supreme sacrifice
that our Veterans have made for this country. The
Wounded Warrior program supports disabled Veterans
by providing the tools, information and community that
will help Veterans gain careers in the Building and Con-
struction Trades. Disabled Veterans may apply for and
demonstrate their ability to perform any job listed on
Mike Monahan is very proud of the opportunity Local 103,
IBEW, has been able to, and will continue to, offer these
wounded warriors. To be able to honor them in this way
has been extremenly rewarding for this Union and these
men and women.
Follow this TAG for information on
Local 103’s involvement with the military.
Local 103 members continue to volunteer their time and
expertise to those in need by providing electrical work at
no charge to Habitat for Humanity. Homes, like the one
to the right in Bedford, are given to local families who are
struggling to get by. Habitat for Humanity is just one of
the many ways in which Local 103 shows it cares for our
neighbors and surrounding communities.
Expanding the Influence UPCOMING WORK UMASS Boston

In order to remain competitive in the today’s
world, it is important to control the
perception that outsiders have of our
organization. Although the exceptional
craftsmanship of our membership speaks for
itself, there still remains an urgent need to
get the word out to those in the construction
industry that Local 103 is made up of the
most highly skilled, highly trained electricians
and technicians around. In order to do that,
Mike Monahan has instituted an expanded
advertising program that reaches across our
jurisdiction and beyond through television,
radio, and many other methods to let people
know about Local 103’s work.
As Local 103 eyes the future, we will continue to track
large-scale developments that will be putting a great
number of our members back to work in the near future.
Just a few of these include:
Quincy Center Project
Seeing an opportunity to lock down a significant amount
of work right in our back yard, Mike Monahan led Local
103 members from Quincy in demanding that the
upcoming Quincy Center project be built under a Project
Labor Agreement, with a 100% labor workforce. As a
direct result of this effort, the developer Street-Works and
the City of Quincy agreed to the Project Labor Agreement
on the $1.3 billion overhaul of downtown Quincy. The
project will create over 4,000 construction jobs and
around 5 million man-hours of labor. In all, the project
will include one million square feet of new office space,
about 700 new housing units and 570,000 square feet of
new retail and restaurant space.
UMASS Boston will soon begin a massive renovation plan
under a Project Labor Agreement. The $750 million proj-
ect will include new academic buildings, new campus
housing, more open space, and a generally better
integrated campus. An existing parking garage will be
demolished and a new garage constructed on the edge of
the campus. Also included in the plans is a new state-of-
the-art Science Center.
Quincy Center Project
Lowell General Hospital
Lowell General Hospital has signed on to use Local 103
labor on its upcoming expansion project. The new wing
will allow the private hospital to quadruple the number of
beds available. The $97 million will create 400 new
construction jobs as well as 180 new permanent jobs and
is expected to generate $200 million for the surrounding
area.
UMASS Boston Renovation

ElectMikeMonahan.com

LOCAL 103 ECOADS PUT MEMBERS BACK TO WORK TV AND RADIO ADS

Local 103 has taken advantage of the EcoAd program, which offers three As we continue to grow our union, Mike Monahan
distinct benefits to our local union. First and most obvious, EcoAds allow continues to form strategic partnerships with some of the
us to reach out to the public with our message through television most well-respected companies in the area. The TV
advertisement. Second, the program exemplifies our commitment to advertising campaign with Legal Seafood (right) showcases
being a leader in renewable energy. Third and most important, the ads the excellent craftsmanship of T&T Electric Contracting,
are literally putting our members back to work. For every EcoAd that Local Inc. and promotes our message that the best, most
103 purchases through CBS, the program makes an investment in a stalled efficient electricians and technicians come from Local 103.
local green energy project that would otherwise go unfunded. In Local Monahan will continue to seek out this type of partnership
103’s case, our members are guaranteed that these jobs will go our way. to capitalize on the respect and recognition built up by
companies who recognize the advantage of work done by
Local 103 members.

ORGANIZING EFFORTS BOARD APPOINTMENTS

Boston. Monahan has established close professional
As one of the staples of the organized labor movement, Mike Monahan and his team of Business Agents provide relationships with some of the area’s largest
Local 103 continues to fight for every job available for its more than just leadership in securing jobs for Local 103 developers as a direct result of his work with the ZBA.
members. Whether it is standing up against corporate members – they are instrumental in creating jobs in the
greed in the biotech industry or demanding that local surrounding area as well. Monahan himself holds a Local 103 Business Agents also represent us on the
workers be put to work on local jobs, Mike Monahan has position on the Boston Zoning Board of Appeals. In this Massachusetts Clean Energy Center, the Quincy
always maintained his commitment to ensuring that capacity, Monahan works closely with Mayor Menino on Zoning Board of Appeals, the Quincy Planning Board,
every working man and woman receive a fair pay with development, with a keen eye on promoting the use of the Braintree Zoning Board of Appeals, and the
benefits that support his or her family. Local 103 members on projects around the City of Weymouth Housing Authority.
173 West Second Street
South Boston, MA 02127

ON MAY 7, 2011
VOTE MIKE MONAHAN
PROVEN LEADERSHIP

Throughout the brochure, you

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Election Day: Saturday, May 7, 2011 ElectMikeMonahan.com