STONE DERRICKMEN RIGGERS LOCAL 197
HANDSET “Site Work” Rate Sheet
PAY RATE Journey 50%
Apprentice
WAGE $49.40 $24.70
Union Assessment $3.59 $1.82
IU Org Fund (3/8 of 1%) $0.19 $0.19
LDF/Admin Fund $1.70 $1.70
BENEFIT RATE- 100% 50%
Vacation $10.42 $5.70
Welfare $14.50 $9.50
Pension $12.00 $5.25
Annuity $11.50 $3.00
Apprentice $1.70 $1.53
Supp. Unemployment $0.00 $0.00
Industry Promotion $0.15 $0.00
IU IMPACT (5/8 of 1%) $0.31 $0.31
Benefits Total $50.58 $25.29
TOTAL PACKAGE $99.98 $49.99
Effective 01/01/26 – 06/30/26
70% 80% 90%
Apprentice Apprentice Apprentice
$34.58 $39.52 $44.46
$2.51 $2.81 $3.10 (deducted from wages)
$0.19 $0.19 $0.19 (deducted from wages)
$1.70 $1.70 $1.70 (deducted from wages)
75% 75% 75%
$7.25 $7.25 $7.25 (Taxable IN & OUT)
$11.75 $11.75 $11.75
$10.55 $10.55 $10.55
$6.30 $6.30 $6.30
$1.73 $1.73 $1.73
$0.00 $0.00 $0.00
$0.05 $0.05 $0.05
$0.31 $0.31 $0.31
$37.94 $37.94 $37.94
$72.52 $77.46 $82.40