| Posted on www.alliedbuilding.org STEVEN N. DAVI Executive Director Email: sdavi@alliedbuilding.org Mobile: 516.361.8211 |
BULLETIN
To: Membership of Allied Building Metal Industries, Inc.
From: Steven N. Davi
Date: December 21, 2023
Re: Local Union No. 580 CBA Rates
Effective: January 1, 2024 – June 30, 2024
Please be advised of the following economic changes effective January 1, 2024, through and
including June 30, 2024, pursuant to the current collective bargaining agreement between Allied
Building Metal Industries, Inc., and Iron Workers Local Union No. 580.
JOURNEYMAN; FOREMAN
The wage rate and trust fund contribution rates for Local 580 Journeymen and Foremen for the
period January 1, 2024, through and including June 30, 2024, shall be as follows:
Wage Rates
| Journeyman: Foreman: |
$47.40/hour* $48.82/hour* |
Trust Fund Contribution Rates
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: Supplemental Benefit: Insurance Fund: Apprentice-Journeyman Educational Fund: Scholarship Fund: IMPACT: Labor Management Fund: Intl. Organizing Fund: |
$14.51/hour* $16.42/hour $14.60/hour $.60/hour $17.10/hour |
| $1.27/hour $.25/hour $.29/hour $.25/hour $.18/hour* |
The contribution to the Ornamental Metal Institute of New York shall be $.35/hour for each
Journeyman and Foreman employee.
ALLIED BUILDING METAL 2
P a g e | 2
270 Madison Avenue | Suite 401 | New York, New York 10016 | 212.697.5551 | www.alliedbuilding .org
The Working Assessment will be $1.45/hour, which shall be deducted from the wages of each
Journeyman and Foreman employee.
*Taxable
APPRENTICES
The wage rate and trust fund contribution rates for Local 580 apprentice iron workers for the
period January 1, 2024, through and including June 30, 2024, shall be as follows:
Wage Rates
Apprentice (Year 1): $26.45*
Apprentice (Year 2): $28.97*
Apprentice (Year 3): $31.36*
Apprentice (Year 4): $35.02*
Trust Fund Contribution Rates
Apprentice (Year 1):
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: Insurance Fund: IMPACT: Intl. Organizing Fund: |
$2.00/hour* $3.00/hour $5.00/hour $6.00/hour $.29/hour $.18/hour* |
There shall be no contribution to The Ornamental Metal Institute of New York for first-year
apprentice iron workers. Moreover, there shall be no Working Assessment deduction made from
the wages of first-year apprentice iron workers.
Apprentice (Year 2):
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: Insurance Fund: IMPACT: Intl. Organizing Fund: |
$2.00/hour* $3.00/hour $6.00/hour $7.00/hour $.29/hour $.18/hour* |
There shall be no contribution made to the Ornamental Metal Institute of New York for secondyear apprentice iron workers. Moreover, there shall be no Working Assessment deduction made
from the wages of second-year apprentice iron workers.
Apprentice (Year 3):
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: |
$2.00/hour* $3.00/hour $6.00/hour |
P a g e | 3
270 Madison Avenue | Suite 401 | New York, New York 10016 | 212.697.5551 | www.alliedbuilding .org
| Insurance Fund: IMPACT: Intl. Organizing Fund: |
$8.00/hour $.29/hour $.18/hour* |
There shall be no contribution made to the Ornamental Metal Institute of New York for third-year
apprentice iron workers. Moreover, there shall be no Working Assessment deduction made from
the wages of third-year apprentice iron workers.
Apprentice (Year 4):
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: Insurance Fund: IMPACT: Intl. Organizing Fund: |
$2.00/hour* $3.00/hour $7.00/hour $9.00/hour $.29/hour $.18/hour* |
There shall be no contribution made to the Ornamental Metal Institute of New York for fourth-year
apprentice iron workers. Moreover, there shall be no Working Assessment deduction made from
the wages of fourth-year apprentice iron workers.
*Taxable
PROBATIONARY IRON WORKERS (AKA “PRE-APPRENTICES”)
The wage rate and trust fund contribution rates for Local 580 probationary iron workers for the
period January 1, 2024, through and including June 30, 2024, shall be as follows:
Wage Rates
Probationary Iron Worker: $22.55/hour*
Trust Fund Contribution Rates
| Benefit (Vacation) Fund: Annuity Fund: Pension Fund: Insurance Fund: IMPACT: Intl. Organizing Fund: |
$1.00/hour* $2.00/hour $0.00/hour $5.00/hour $0.29/hour $0.18/hour* |
There shall be no contribution to the Ornamental Metal Institute of New York for probationary iron
workers. Moreover, there shall be no Working Assessment deduction made from the wages of
probationary iron workers.