SHEET METAL ! Atn I nAIL r TnANSPORTATION LOCAL UNION 28 METROPOLITAN NEW YORK AND LONG ISLAND SALVATORE STARACE Financial Secretary-Treasurer/Recording Secretary JOURNEY PERSON WAGE AND FRINGE BENEFITS 11/3/2022 TO 11/1/2023 Dear Sir/Madam: Pursuant to the Collective Bargaining Agreement, an increase of $2.25 per hour will take effect with the payroll week commencing Thursday, November 3, 2022. The increase is to be allocated in the following manner: $0.50 Wages $0.59 Vacation $0.50 Annuity $0.35 Health & Welfare $0.25 Education $0.06 SASMI Listed below are the hourly wage and fringe benefit rates for Journey person Sheet Metal Worker. * Wages $52.60 *Vacation Fund 7.34 National Pension Fund 17.29 Annuity Fund 8.85 Health & Welfare Fund 13.23 SUB Fund .79 Local Pension Fund 4.47 SASMI Fund 3.14 Local Education Fund 1.63 ITT /NEMI Fund .17 JLM/Equality Fund 1.81 Industry Promotion Fund .55 Scholarship Fund .02 TOTAL HOURLY RATE $111.89 *The amount of taxable wage is the base rate of $52.60 and vacation of $7.34 Hourly: 52.60 + 7.34 = $59.94 Daily (8 hours): 420.80 + 58.12 = $419.52 500 Greenwich Street, Suite 502 • New York, NY 10013 • Tel: 212. 941.7700 Fax: 212. 226.0304 Page2 Wages – Building Trades Journey person November 3, 2022 – November I, 2023 Payments for the various Funds are to be made in the following manner: [A] FUNDS AND PLANS: $41.23 send weekly one check payable to SMWIA Local Union 28 Funds and Plans and forward to SMWIA Local Union No. 28 Funds Office, 195 Mineola Blvd, Mineola, NY 11501. Vacation Fund 7.34 Health & Welfare Fund 13.23 SUB Fund .79 Annuity Fund 8.85 LocalPension Fund 4.47 JLM/Equality Fund 1.81 Local Education Fund 1.63 Scholarship Fund .02 38.14 Working Assessment 3.02 Building Fund .02 PAL (Political Action) Fund .05 Union deductions from wages 3.09 TOTAL to Funds & Plans $41.23 [B] NATIONAL BENEFIT FUND: National Pension Fund $17.29, SASMI $3.14 and ITI/NEMI $0.17. Submit monthly to Sheet Metal Workers’ National Pension Fund, PO Box 79321, Baltimore, MD 21279. For any questions on remittance, please call (703) 739-7000 or email info@smwnpf.org. [C] INDUSTRY PROMOTION FUND $0.55 per hour: Send weekly to the Sheet Metal Industry Promotion Fund of NYC, 16 Court St, Suite 2100, Brooklyn, NY 11241 or SM Industry Promotion Fund of Nassau/Suffolk Counties, One Corporate Drive, Suite GL-2 Bohemia, NY 11716. APPRENTICES ARE TO BE PAID IN ACCORDANCE WITH THE ENCLOSED SCHEDULE. If there are any questions concerning this correspondence, please contact this office at 212-941- 7700 or the Funds and Plans Office at 516-742-9478. Sincerely, ~ou,9(‘~ Salvatore Starace Financial Secretary-Treasurer Recording Secretary
