STONE DERRICKMEN RIGGERS, IW LOCAL 197
HANDSET REGULAR RATE SHEET
Effective 01/01/24 – 06/30/24
PAY RATES— Journey 50% 70% 80% 90%
Apprentice Apprentice Apprentice Apprentice
| WAGE | $57.10 $28.55 $39.97 $45.68 $51.39 | ||||
| Union Assessment IU Org. Fund (3/8 of 1%) LDF/Admin Fund BENEFIT RATE- Vacation Welfare Pension |
$4.33 | $2.13 | $3.04 $0.21 $1.70 |
$3.39 | $3.73 (deductedfrom wages) |
| $0.21 $0.21 | |||||
| $1.70 | $1.70 | ||||
| 100% 50% 75% 75% 75% | |||||
| $15.00 $10.13 $15.00 $16.25 $1.74 $0.00 $0.15 $0.36 |
|||||
| Annuity | $3.25 $1.07 $0.00 $0.08 $0.36 |
$7.50 $1.67 $0.00 $0.10 $0.36 |
$7.50 $7.50 | ||
| Apprentice Supp. Unemployment Industry Promotion IU IMPACT (5/8 of i%) Benefits Total TOTAL PACKAGE |
$1.67 | $1.67 | |||
| $0.00 $0.00 $0.10 $0.10 |
|||||
| $0.36 | $0.36 | ||||
| $58.63 $29.39 $44.01 $44.01 $44.01 $115.73 $57.94 $83.98 $89.69 $95.40 |
$0.21 $0.21 (deductedfrom wages)
$1.70 $1.70 (deductedfrom wages)
$7.00 $10.75 $10.75 $10.75 (taxable IN & OUT)
$9.63 $10.13 $10.13 $10.13
$8.00 $13.50 $13.50 $13.50
man
UNION LOCAL No. 197
International Association
bridge, Structural, (Ornamental and Reinforcing Son I’drlerj
47-10 32nd Place, Suite 403, Long Island City, N.Y. 11101
Phone: (718) 361-6534 •Fax No: (718) 361-6584
Org. 1866
ALL LOCAL 197 SIGNATORY CONTRACTORS
This letter is to inform youin accordance with our Collective Bargaining Agreement, members
working under the jurisdiction of the United Derrickmen and Riggers UnionLocal 197
“Contracting Stone Setters Association Agreement” will receive an increase of One Dollar &
Fourteen cents per/hour for each hour worked effective January 1. 2024
The specific change will be asfollows;
| Wage | $ 1.00 |
| Impact | $ .01 |
| Welfare | $ .13 |
| Wage and Benefits Effective January 1, 2024 | |
| *New Wage Union assessment LDF/Admin IU Organizing |
$57.10 $ 4.33 (deducted from wages) $ 1.70 (deducted from wages) $ .21 (deducted from wages) |
| Vacation *Welfare Pension |
$15.00 (taxable in and out) $10.13 $15.00 |
| Annuity | $16.25 |
| Apprentice Supp. Unemployment— Promotion *lmpact |
$ 1.74 $ .00 $ .15 $ .36 |
**lf you have any questions, please do not hesitate to contact this office.
Yours Truly,
TViUiawV. ‘Stayed
FS-T/Business Manager