Uiiled ‘:J)errickman & /6,9fler6 _A66ocialion UNION LOCAL No. 197 International Association 47-10 32nd Place, Suite 403, Long Island City, N.Y. 11101 Phone: (718) 361-6534 • Fax No: (718) 361-6584 ALL LOCAL 197 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 & thirteen cents per/hour for each hour worked effective July 1. 2023 The specific change will be as follows; Wage—————————– $ .38 Vacation————————- $ .25 Welfare————————– $ .50 Wage and Benefits Effective Julv 1, 2023 *New Wage—————— Union assessment———– LD F /Adm in——————– lU Organizing—————- *Vacation ——————– *Welfare————·– Pension———————— An nu ity——————- —— Apprentice ——————- Supp. Unemployment— P ro motion—————— 1 mpact———————– $56.10 $ 4.23 (deducted from wages) $ 1.70 (deducted from wages) $ .21 (deducted from wages) $15.00 (taxable in and out) $10.00 $15.00 $16.25 $ 1.74 $ .00 $ .15 $ .35 **Jf you have any questions, please do not hesitate to contact this office. Yours Truly, 11/dli4M 1). FS-T /Business Manager STONE DERRICKMEN RIGGERS, IW LOCAL 197 Effective 07/01/23- 12/31/23 HANDSET REGULAR RATE SHEET PAY RA TES———— I Journey 50% 70% I 80% I 90% Apprentice Apprentice Apprentice Apprentice WAGE—————— $56.10 $28.05 $39.27 $44.88 $50.49 Union Assessment ———- $4.27 $2.10 $2.99 $3.32 $3.65 (deducted from wages) IU Org. Fund (3/8 ot 1%) ——- $0.21 $0.21 $0.21 $0.21 $0.21 {deducted from wages) LDF/ Ad min Fund————- $1.70 $1.70 $1.70 $1.70 $1.70 (deducted from wages) – – – BENEFIT RATE——– 100% 50% 75% 75% 75% – Va cation———————— $15.00 $7.00 $10.75 $10.75 $10.75,(taxable IN & OUT) Welfare————————- $10.00 $9.50 $10.00 $10.00 $10.00 Pension————————- $15.00 $8.00 $13.50 $13.50 $13.50 Annuity————————- $16.25 $3.25 $7.50 $7.50 $7.50 Apprentice———————! $1.741 $1.071 $1.67 I $1.671 $1.67 Supp. Unemployment——~ $0.001 $0.001 $0.001 $0.001 $0.00 Industry Promotion———~ so.isl so.08 I $0.101 $0.101 $0.10 IU IMPACT (5/8 of 1 %}————– $0.35 $0.35 $0.35 $0.351 $0.35 – – – Benefits Total—————– $58.49 $29.25 $43.87 $43.87 $43.87 TOT AL PACKAGE———————- $114.59 $57.30 $83.14 $88. 75 I $94.36 STONE DERRICKMEN RIGGERS LOCAL 197 HANDSET .. Site Workn Rate Sheet PAY RA TE———— IJourney 50% A1 pprentice WAGE—————————- Union Assessment———– lU Org Fund (3/8 of 1%)——— LDF /Admin Fund————- 8fNfF/T RA TE———· Vacation———————— Welfa re————————- Pension————————- An nu ity————————–1 Apprentice——————— Su pp. Unemployment—— lndustry Promotion———- lU IMPACT (s/8 of 1 %)—————, Benefits Total—————– 1 1TOTAL PACKAGE————– $46.49 $3.39 $0.17 $1.70 100% $10.00 $10.00 $14.00 $11.00 $1.47 $0.00 $0.15 $0.29 $46.91 $93.40 $23.25 $1.73 $0.17 $1.70 50% $5.50 $8.25 $5.25 $3.00 $1.17 $0.00 $0.00 $0.29 $23.46 $46.71 70% Apprentice $32.54 $2.37 $0.17 $1.70 75% $7.00 $10.00 $10.30 $6.00 $1.54 $0.00 $0.05 $0.29 $35.18 $67.72 Effective 07 /01/23 – 12/31/23 80% Apprentice $37.19 $2.65 $0.17 $1.70 75% $7.00 $10.00 $10.30 $6.00 $1.54 $0.00 $0.05 $0.29 $35.18 $72.37 90% Apprentice $41.84 $2.93 I $0.17 I (deducted from wages) (deducted from wages) $1.70 ( deducted from wages) I 75% $7.00 (Taxable IN & OUT) $10.00 $10.30 $6.00 $1.54 $0.00 $0.05 $0.29 $35.18 $77.02
