OLMS Improves Electronic Filing

by John Lund on February 28, 2012 · 3 comments

Electronic filing for LM-3 and LM-4 filers is now easier and more convenient than ever.  Since 2004, Form LM-2 filers (unions with $250,000 or more in annual receipts) have been required to file their annual report electronically. Electronic filing has been and still is an option for Form LM-3 and LM-4 filers.  Until recently however, electronic filers had to use cumbersome third party software, and purchase expensive digital signatures to file their annual report.  We at the Office of Labor-Management Standards heard many complaints regarding the costs and difficulties of this system, and relatively few LM-3 and -4 filers used it. 

OLMS has replaced this system with a free, secure, web-based electronic filing system called the Electronic Forms System (EFS), which requires no digital signature purchase and only a web browser and Internet connection to use.  It has been available to LM-2 filers since October 1, 2010, and to LM-3 and -4 filers since May 1, 2011.  With many LM-3 and -4 reports due before the end of March, this is the perfect time to register for and use EFS to file your annual report. 

EFS is ideal if you are a smaller union with a computer and Internet access.  The system features built-in, context-sensitive help, eliminating the need to flip through paper instructions.  Key information from the previous year’s form is pre-filled into your EFS form.  EFS has built-in math functions so you needn’t worry about rounding or math errors.  Before you file with EFS, a verification step identifies all incomplete entries and errors.  Once you transmit the form, it is received and posted on-line the same day, which greatly reduces the chances of late filing.  You can easily save a copy of the report electronically for your records.  EFS will save you time, paper and money.

To learn more about EFS, take a tutorial on how to register and use it, please visit http://www.dol.gov/olms/regs/compliance/efs/efshelp.htm

John Lund is the Director of the Office of Labor-Management Standards.

{ 3 comments… read them below or add one }

1 Joseph Komorowski April 6, 2012 at 11:19 am

Thank you for the new way to file LM-3-4 I only have dial up and down loading the forms was endless.

2 Joseph Komorowski April 6, 2012 at 11:20 am

Please continue such services.

3 Joseph Komorowski April 6, 2012 at 11:21 am

Please help small locals.

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