STONE DERRICKMEN RIGGERS, IW LOCAL 197
BUILDING STONE PRECAST REGULAR RATE SHEET
PAY RATES- Journey 50%
Apprentice
| WAGE | $59.90 $29.95 | |
| Union Assessment IU Org. Fund (3/8ofi%) LDF/Admin Fund BENEFIT RATE- Vacation Welfare Pension Annuity Apprentice Supp. Unemployment Industry Promotion IU IMPACT (5/8 of i%) Benefits Total TOTAL PACKAGE |
$4.49 $0.22 $1.70 |
$2.22 $0.22 $1.70 |
| 100% 50% | ||
| $15.00 $10.14 $15.00 $17.00 $1.87 $0.00 $0.15 $0.37 |
$7.00 $9.82 $7.75 $3.75 $1.01 $0.00 $0.07 $0.37 |
|
| $59.53 $29.77 $119.43 $59.72 |
Effective 01/01/24 – 06/30/24
70% 80% 90%
Apprentice Apprentice Apprentice
$41.93 $47.92 $53.91
| $3.18 $0.22 $1.70 |
$3.54 $0.22 $1.70 |
$3.89 (deductedfrom wages) $0.22 (deductedfrom wages) $1.70 (deductedfrom wages) |
75% 75% 75%
| $11.00 $10.14 $13.50 $7.92 |
$11.00 $11.00 (taxable IN & OUT) $10.14 $10.14 $13.50 $13.50 |
| $7.92 | $7.92 |
$1.61 $1.61 $1.61
$0.00 $0.00 $0.00
$0.11 $0.11 $0.11
$0.37 $0.37 $0.37
$44.65 $44.65 $44.65
$86.58 $92.57 $98.56
man
UNION LOCAL No. 197
InternationalAssociation
d^rid^e, Structural, Ornamental and ^dein^orcin^ Oron iSorkeri
47-10 32nd Place, Suite 403, Long Island City, N.Y. 11101
Phone: (718) 361-6534 •Fax No: (718) 361-6584
Org. 18Mi
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 “Building
Stone & Precast Association Agreement” will receive an increase of One Dollar & Sixty Four
cents per/hour for each hour worked effective January 1, 2024.
The specific change will be as follows;
Wage $ 1.00
Welfare $ .14
| Annuity— | $ .50 |
| Wage and Benefits Effective January 1, 2024 | |
| ♦New Wage Union assessment LDF/Admin— IU Organizing |
$59.90 $ 4.49 (deducted from wages) $ 1.70 (deducted from wages) $ .22 (deducted from wages) |
| Vacation ♦Welfare Pension ♦Annuity Apprentice Supp. Unemployment— Promotion |
$15.00 (taxable in and out) $10.14 $15.00 $17.00 $ 1.87 $ .00 $ .15 |
| Impact | $ .37 |
♦♦If you have any questions, please do not hesitate to contact this office.
Yours Truly,
FS-T/Business Manager