STONE DERRICKMEN RIGGERS, IW LOCAL 197
HANDSET REGULAR RATE SHEET
Effective 07/01/24 – 12/31/24
PAY RATES———— Journey 50% 70% 80% 90%
Apprentice Apprentice Apprentice Apprentice
WAGE ——————- $57.55 $28.78 $40.29 $46.04 $51.80
| Union Assessment ———- $4.35 | $2.15 | $3.06 $0.22 $1.70 |
| IU Org. Fund (3/8 of 1%) ——– $0.22 0 $0.22 | ||
| LDF/Admin Fund————– $1.70 | $1.70 |
$3.41 $3.75 (deducted from wages)
$0.22 $0.22 (deducted from wages)
$1.70 $1.70 (deducted from wages)
BENEFIT RATE——— 100% 50% 75% # 75% 75%
| Vacation———————— $15.00 | $7.00 $10.75 $10.75 $10.75 (taxable IN & OUT) |
| Welfare————————– $11.00 $10.00 $10.75 $10.75 $10.75 | |
| Pension————————– $15.00 Annuity————————– $16.25 | $8.00 $13.50 $13.50 $13.50 |
| $3.25 $1.34 $0.00 $0.08 $0.36 | $7.50 $1.97 $0.00 $0.10 $0.36 |
| Apprentice——————— | $2.15 |
| Supp. Unemployment——- $0.00 Industry Promotion———- $0.15 IU IMPACT (5/8 of 1 %)————— $0.36 |
$7.50 $7.50
$1.97 $1.97
$0.00 $0.00
$0.10 $0.10
$0.36 $0.36
Benefits Total—————— $59.91 $30.03 $44.93 $44.93 $44.93 TOTAL PACKAGE———————– $117.46 $58.81 $85.22 $90.97 $96.7