ALL LOCAL 197 CSA SIGNATORY CONTRACTORS
This letter is to inform you in accordance with our Collective Bargaining Agreement, members
working under the jurisdiction of the United Derrickmen and Riggers Union Local 197
“Contracting Stone Setters Association Agreement” will receive an increase of One Dollar &
Seventy Four Cents per/hour for each hour worked effective January 1, 2025
The specific change will be as follows;
\Nage $ .49
| Annuity | $ .25 |
| Welfare | $ 1.00 |
| Wage and Benefits Effective January 1, 2025 | |
| *New Wage Union assessment LDF/Admin IU Organizing | $ 58.04$ 4.35 (deducted from wages)$ 1.70 (deducted from wages)$ .22 (deducted from wages) |
| Vacation *Welfare Pension *Annuity Apprentice Supp. Unemployment Promotion | $ 15.00 (taxable in and out)$ 14.00$ 13.00$ 16.50$ 2.15$ .00$ .15 |
| Impact | $ .36 |
**lf you have any questions, please do not hesitate to contact this office.
Yours Truly,
FS-T/Business Manager
STONE DERRICKMEN RIGGERS, IW LOCAL 197 Effective 01/01/25 – 06/30/25
HANDSET REGULAR RATE SHEET
PAY RA TES— !Journey Apprentice 50% Apprentice 70% 1Apprentice 80% 190% Apprentice
WAGE—————— $58.04 $29.02 $40.63 $46.43 $52.24
Union Assessment———- $4.38 $2.16 $3.08 $3.43 $3.781 (deductedfrom wages) IU Org. Fund {3/8 ot 1%) ——- $0.22 $0.22 $0.22 $0.22 $0.22 (deductedfrom wages)
–LDF/Admin Fund———– �— $1.70 $1.70 $1.70 $1.70 $1.70 Ifdeductedfrom wages}
BENEFIT RATE——– 100% 50% 75% 75% 75%
Vacation———————— $15.00 $7.00 $10.75 $10.75 $10.75 lftaxab/e IN & OUT)
WeIfare————————- $14.00 $10.30 $12.00 $12.00 $12.00
Pension————————- $13.00 $8.25 $13.00 $13.00 $13.00
Annuity————————- $16.50 $3.25 $7.69 $7.69 $7.69
Apprentice———————1 $2.15I $1.341 $1.971 $1.97I $1.97
Supp. Unemployment——i $0.001 $0.001 $0.001 $0.001 $0.00
Industry Promotion———i so.15I so.08I $0.101 $0.101 $0.10
IU IMPACT (5/8 of 1 %)————– $0.36 $0.36 $0.36 $0.36 $0.36
[Benefits Total—==�——– – $61.16 $30.58 $45.87 $45.87 $45.87
TOTAL PACKAGE———————- $119.20 $59.60 $86.50 $92.30 $98.11
STONE DERRICKMEN RIGGERS LOCAL 197 HANDSET “Site Work” Rate Sheet
PAY RATE Journey 50%
Apprentice
| WAGE Union Assessment IU Org Fund (3/s of 1%) LDF/Admin Fund BENEFIT RATE- Vacation Welfare Pension Annuity Apprentice Supp. Unemployment Industry Promotion IU IMPACT (5/8 of i%) Benefits Total TOTAL PACKAGE | $47.93 $3.48 $0.18 $1.70 100% $10.00 $14.00 $12.00 $11.00 $1.70 $0.00 $0.15 $0.30 $49.15 $97.08 | $23.97$1.77$0.18$1.7050%$5.50$9.00$5.25$3.00$1.53$0.00$0.00$0.30$24.58$48.55 |
Effective 01/01/25 – 06/30/25
70% 80% 90%
Apprentice Apprentice Apprentice
| $33.55 $2.43 $0.18 $1.70 | $38.34 $2.72 $0.18 $1.70 | $43.14$3.01 (deducted from wages)$0.18 (deducted from wages)$1.70 (deducted from wages) |
75% 75% 75%
| $7.00 $11.25 $10.55 $6.00 $1.71 $0.00 $0.05 $0.30 $36.86 $70.41 | $7.00 | $7.00 (Taxable IN & OUT) |
| $11.25 $11.25 | ||
| $10.55 $6.00 $1.71 $0.00 $0.05 $0.30 | $10.55$6.00$1.71$0.00$0.05$0.30 | |
| $36.86 $36.86$75.20 $80.00 |