Boilermakers/L 5 Rates 1-1-25 thru 12-31-2025

phw = per hour worked php = per hour paid 65% 70% 75% 80% 85% 90% 95%

 

WAGES (php) $68.88 $72.88 $74.88 $76.88 $44.77 $48.22 $51.66 $55.10 $58.55 $61.99 $65.44

 

Employer Contributions

 

Zone 5 Vacation 15% (php) $10.33 $10.93 $11.23 $11.53 $6.72 $7.23 $7.75 $8.27 $8.78 $9.30 $9.82

 

Zone 5 Annuity 17% (php) $11.71 $12.39 $12.73 $13.07 $7.61 $8.20 $8.78 $9.37 $9.95 $10.54 $11.12

 

Zone 5 Health & Welfare 1% (php) $0.69 $0.73 $0.75 $0.77 $0.45 $0.48 $0.52 $0.55 $0.59 $0.62 $0.65

 

Zone 5 Scholarship Fund 0.5% (php) $0.34 $0.36 $0.37 $0.38 $0.22 $0.24 $0.26 $0.28 $0.29 $0.31 $0.33

 

Zone 5 Industry Promo Fund 0.5% (php) $0.34 $0.36 $0.37 $0.38 $0.22 $0.24 $0.26 $0.28 $0.29 $0.31 $0.33

 

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 $119.40 $125.59 $129.08 $132.58 $80.60 $86.14 $91.69 $97.20 $102.78 $108.32 $113.87

 

PAYCHECK DEDUCTIONS AFTER TAXES Zone 5 Vacation (see above) $10.33 $10.93 $11.23 $11.53 $6.72 $7.23 $7.75 $8.27 $8.78 $9.30 $9.82

 

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 2025 – Dec 31 2025 Last revised 11/6/2024

 

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, 2025 through December 31, 2025

 

(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 Employer/Employee contributions

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