STONE DERRICKMEN RIGGERS LOCAL 197
HANDSET “Site Work” Rate Sheet
PAY RATE—— Journey 50%
Apprentice
WAGE $49.54 $24.77
Union Assessment $3.60 $1.85
IU Org Fund (3/8 of i%) $0.19 $0.19
LDF/Admin Fund $1.70 $1.70
BENEFIT RATE- 100% 50%
Vacation $10.50 $6.00
Welfare $15.00 $9.50
Pension $12.25 $5.50
Annuity $12.00 $3.00
Apprentice $1.70 $1.65
Supp. Unemployment $0.00 $0.00
Industry Promotion $0.15 $0.00
IU IMPACT (5/8 of i%) $0.31 $0.31
Benefits Total $51.91 $25.96
TOTAL PACKAGE $101.45 $50.73
Effective 07/01/26 – 12/31/26
70% 80% 90%
Apprentice Apprentice Apprentice
$34.68 $39.63 $44.59
$2.53 $2.83 $3.13 (deducted from wages)
$0.19 $0.19 $0.19 (deducted from wages)
$1.70 $1.70 $1.70 (deducted from wages)
75% 75% 75%
$7.50 $7.50 $7.50 (Taxable IN & OUT)
$12.00 $12.00 $12.00
$11.00 $11.00 $11.00
$6.30 $6.30 $6.30
$1.77 $1.77 $1.77
$0.00 $0.00 $0.00
$0.05 $0.05 $0.05
$0.31 $0.31 $0.31
$38.93 $38.93 $38.93
$73.61 $78.56 $83.52