STONE DERRICKMEN RIGGERS, IW LOCAL 197 BUILDING STONE PRECAST REGULAR RATE SHEET
Effective 07/01/2024-12/31/2024
PAY RATES———— Journey 50% 70% 80% 90%
Apprentice Apprentice Apprentice Apprentice
WAGE ——————- $60.40 $30.20 $42.28 $48.32 $54.36
| Union Assessment ———- $4.52 | $2.23 | $3.20 $0.23 $1.70 |
| IU Org. Fund (3/8 of 1%) ——– $0.23 0 $0.23 | ||
| LDF/Admin Fund————– $1.70 | $1.70 |
$3.56 $3.92 (deducted from wages)
$0.23 $0.23 (deducted from wages)
$1.70 $1.70 (deducted from wages)
BENEFIT RATE——— 100% 50% 75% # 75% 75%
| Vacation———————— $15.00 | $7.00 $11.00 $11.00 $11.00 (taxable IN & OUT) |
| Welfare————————– $11.00 $10.25 $10.75 $10.75 $10.75 | |
| Pension————————– $15.00 Annuity————————– $17.00 | $7.75 $13.50 $13.50 $13.50 |
| $3.75 $1.14 $0.00 $0.07 $0.38 | $7.92 $1.84 $0.00 $0.11 $0.38 |
| Apprentice——————— | $2.14 |
| Supp. Unemployment——- $0.00 Industry Promotion———- $0.15 IU IMPACT (5/8 of 1 %)————— $0.38 |
$7.92 $7.92
$1.84 $1.84
$0.00 $0.00
$0.11 $0.11
$0.38 $0.38
Benefits Total—————— $60.67 $30.34 $45.50 $45.50 $45.50 TOTAL PACKAGE———————– $121.07 $60.54 $87.78 $93.82 $99.86