L 197 Precast Rates 07.01.26 thru 12.31.26

STONE DERRICKMEN RIGGERS, IW LOCAL 197

 

BUILDING STONE PRECAST REGULAR RATE SHEET

 

PAY RATES— Journey 50%

 

Apprentice

 

WAGE $61.96 $30.98

 

Union Assessment $4.70 $2.34

 

IU Org. Fund (3/8 of 1%) $0.23 $0.23

 

LDF/Admin Fund $1.70 $1.70

 

BENEFIT RATE- 100% 50%

 

Vacation $16.50 $8.00

 

Welfare $15.00 $11.00

 

Pension $13.50 $8.32

 

Annuity $18.00 $3.80

 

Apprentice $2.13 $1.26

 

Supp. Unemployment $0.00 $0.00

 

Industry Promotion $0.15 $0.07

 

IU IMPACT (5/8 of 1%) $0.39 $0.39

 

Benefits Total $65.67 $32.84

 

TOTAL PACKAGE $127.63 $63.82

 

Effective 07/01/26 12/31/26

 

70% 80% 90%

 

Apprentice Apprentice Apprentice

 

$43.37 $49.57 $55.76

 

$3.31 $3.68 $4.05 (deductedfrom wages)

 

$0.23 $0.23 $0.23 (deductedfrom wages)

 

$1.70 $1.70 $1.70 (deductedfrom wages)

 

75% 75% 75%

 

$11.80 $11.80 $11.80 (taxable IN & OUT)

 

$13.00 $13.00 $13.00

 

$13.50 $13.50 $13.50

 

$8.60 $8.60 $8.60

 

$1.85 $1.85 $1.85

 

$0.00 $0.00 $0.00

 

$0.11 $0.11 $0.11

 

$0.39 $0.39 $0.39

 

$49.25 $49.25 $49.25

 

$92.62 $98.82 $105.01

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