financial core membership
financial-core membership. Union membership in which a private-company employee pays the union’s initiation fees and periodic dues but is not a full union member. • Financial-core membership is allowed only in states without a right-to-work law, where a union-security contract clause can require employees to pay financial-core membership dues but cannot require full union membership. The dues are limited to the amount required to support the union’s representational activities, such as collective bargaining. See Communications Workers of Am. v. Beck, 487 U.S. 735, 744, 108 S.Ct. 2641, 2648 (1988). — Also termed (in public-employment sector) fair-share membership; agency-shop membership. See UNION-SECURITY CLAUSE.
