phw = per hour worked
php = per hour paid 65% 70% 75% 80% 85% 90% 95%
WAGES (php) $67.38 $71.38 $73.38 $75.38 $43.80 $47.17 $50.54 $53.90 $57.27 $60.64 $64.01
Employer Contributions
Zone 5 Vacation 15% (php) $10.11 $10.71 $11.01 $11.31 $6.57 $7.08 $7.58 $8.09 $8.59 $9.10 $9.60
Zone 5 Annuity 17% (php) $11.45 $12.13 $12.47 $12.81 $7.45 $8.02 $8.59 $9.16 $9.74 $10.31 $10.88
Zone 5 Health & Welfare 1% (php) $0.67 $0.71 $0.73 $0.75 $0.44 $0.47 $0.51 $0.54 $0.57 $0.61 $0.64
Zone 5 Scholarship Fund 0.5% (php) $0.34 $0.36 $0.37 $0.38 $0.22 $0.24 $0.25 $0.27 $0.29 $0.30 $0.32
Zone 5 Industry Promo Fund 0.5% (php) $0.34 $0.36 $0.37 $0.38 $0.22 $0.24 $0.25 $0.27 $0.29 $0.30 $0.32
Pension (php) $18.54 $19.37 $20.18 $21.00 $12.05 $12.97 $13.91 $14.81 $15.76 $16.69 $17.62
Health & Welfare (php) $7.07 $7.07 $7.07 $7.07 $7.07 $7.07 $7.07 $7.07 $7.07 $7.07 $7.07
M.O.S.T. Trust (phw) $0.34 $0.34 $0.34 $0.34 $0.34 $0.34 $0.34 $0.34 $0.34 $0.34 $0.34
Apprentice Fund (phw) $1.15 $1.15 $1.15 $1.15 $1.15 $1.15 $1.15 $1.15 $1.15 $1.15 $1.15
TOTAL PACKAGE $117.39 $123.58 $127.07 $130.57 $79.30 $84.74 $90.19 $95.60 $101.06 $106.51 $111.95
PAYCHECK DEDUCTIONS AFTER TAXES
Zone 5 Vacation (see above) $10.11 $10.71 $11.01 $11.31 $6.57 $7.08 $7.58 $8.09 $8.59 $9.10 $9.60
Employee Contributions
Building Fund (php) $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25
Training Fund (php) $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25
PAC Fund (php) $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25
M.O.R.E. Fund (phw) $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00
| Field Dues (all classifications) LEAP (all classifications) |
0.10% of gross wages 6.75% of gross wages |
Boilermakers Local 5 Zone 5 Rate Sheet, Jan 1 2024 – Dec 31 2024 Last revised 12/5/2023
WAGE RATES AND BENEFITS FOR NEW AND REPAIR WORK
Asst. Apprentices
Foreman
Gen.
Foreman
Journeyman Foreman
CLASSIFICATION
Request remittance forms from boilermakerslocal5@verizon.net.
Failure to transmit Field Dues, employer and employee contributions by the 15th day of the following month will result in a fee of
5% Liquidated Damages and a 12% Interest Fee. If referred to legal for collection, Liquidated Damages will increase to 12%.
Employer must make the necessary deduction in wages and cover employees under Section 204 of the New York State Disability Law.
BOILERMAKERS LOCAL 5, ZONE 5
Office: 516-326-2500, Fax: 516-326-3435, Email: boilermakerslocal5@verizon.net
Covering all five boroughs of New York City and the counties of:
Nassau, Suffolk, Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster, and Westchester
The following rates are effective January 1, 2024 through December 31, 2024
(Dollar values on % of gross wages benefits rounded off for bidding purposes)
KEVIN O’BRIEN, ASSISTANT BUSINESS MANAGER
calculate on WAGES only; do not include any of the Em