L 638 Rates 04-01-2024 thru 9-30-2024

Wage Rate Notice: April 1, 2024 to September 30, 2024

 

40% 50%
1st Year 2nd Year
Apprentice Apprentice
per hour per hour
$ 24.72 $ 30.90
3.20 4.00
0.06 0.06

 

60% 70% 80%
3rd Year 4th Year 5th Year
Apprentice Apprentice Apprentice
per hour per hour per hour
$ 37.08 $ 43.26 $ 49.44
4.80 5.60 6.40
0.06 0.06 0.06

 

Temp. Heat
& A/C
per hour
(B)
$ 46.97
6.08
0.06

 

Journeymen
per hour
(A)
$ 61.80
8.00
0.06

 

Wage Rate
Vacation Fund
Building Trades per Capita

 

Hourly Taxable Rate:

 

69.86 53.11 27.98 34.96 41.94 48.92 55.90

 

Fringe Benefits:
Pension Fund (Defined Benefit)
Pension Fund (Defined Contribution)
Welfare Fund
HRA
Vacation Fund
Security Benefit Fund
Work Dues, Additional Work Dues, Enhancement
Fund, Target Fund & Building Fund

 

12.85 9.77 5.14 6.43 7.71 9.00 10.28
8.30 6.31 3.32 4.15 4.98 5.81 6.64
19.50 15.00 7.80 9.75 11.70 13.65 15.60
0.25 0.25 0.10 0.13 0.15 0.18 0.20
8.00 6.08 3.20 4.00 4.80 5.60 6.40
11.50 11.50 4.60 5.75 6.90 8.05 9.20
5.16 4.79 2.02 2.41 2.78 3.17 3.54

 

Total per Paid Hour

 

65.56 53.70 26.18 32.62 39.02 45.46

 

51.86

 

Educational Fund
Steamfitting Industry of NY & LI
United Association Training Fund
Labor Management Cooperation Committee
Building Trades per Capita

 

0.74 0.74 0.74 0.74 0.74 0.74 0.74
0.65 0.65 0.65 0.65 0.65 0.65 0.65
0.10 0.10 0.10 0.10 0.10 0.10 0.10
0.04 0.04 0.04 0.04 0.04 0.04 0.04
0.06 0.06 0.06 0.06 0.06 0.06 0.06

 

Total per Worked Hour

 

1.59 1.59 1.59 1.59 1.59 1.59 1.59

 

Total Deductions from Net Pay
(Vacation Fund, Work Dues and Building Trades per Capita)

 

(13.22) (10.93) (5.28) (6.47) (7.64) (8.83) (10.00)

 

Total Wage and Benefit Package:

 

$ 123.79 $ 97.47 $ 50.47 $ 62.70 $ 74.91 $ 87.14 $ 99.35

 

(A) When 6th Steamfitter is employed, foremen wage rate is $2 more than journeymen rate.
(B) Per CBA, Rule I, Section III, temporary heat shifts shall consist of 8 or 8 ½ hours

Construction & Metal Trades Divisions
The
Steamfitters’ Industry
27-08 40th Avenue, 2nd Floor
Long Island City, NY 11101-3725
(212)
465-8888
www.steamfitters.com
FundOffice@steamny.com
March 2024
Dear Sir/Madam:
This letter will serve to inform you of the wage rates for the period April 1, 2024
September 30, 2024.
The following is a listing of the steamfitter’s hourly wage rate, fringe benefit contributions
and payroll deductions.
Both the Vacation Fund contributions and the Building Trades
per Capita
must be included with the gross wage, taxed and then deducted. The Work
Dues, Additional Work
Dues, Enhancement Fund, Target Fund and the Building Fund
are deductions from the steamfitter’s
net pay. Wages and fringe benefits are doubled for
overtime.
At the
regular union meeting held on March 13, 2024, the membership voted to approve
the following change to the journeymen wage and fringe benefit contribution rates;

Vacation $0.75
Total $0.75

Please note, union dues increased for journeymen and certain apprentice levels.
Please see
the reverse side for all employee rates. If you have any questions, call the
Fund
Office at 212-465-8888 and select option 5.
Very truly yours,
William J. Turnbull
Executive Administrator
(Continue on other side)

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