What is the function of a "strike fund" within the IBEW?

A "strike fund" serves as a financial reserve established specifically to support union members during a strike. When workers decide to strike, they often face a loss of income due to the cessation of their work responsibilities. The strike fund provides financial assistance to help cover essential expenses and sustain members during this challenging period. This financial safety net is crucial for maintaining solidarity and enabling members to endure the strike until their demands are met or negotiations are resolved.

The purpose of this fund reflects the IBEW's commitment to ensuring that its members can assert their rights and negotiate better working conditions without the immediate pressure of financial instability. Through this fund, the union demonstrates collective support and unity among its members during times of labor disputes.