Construction Trades Wage Rate Notice: July 1, 2023 to March 31, 2024 MCA NcW>Ofi~ ~ 40% 50% 60% 70% 80% Temp. Heat 1st Year 2nd Year 3rd Year 4th Year 5th Year Journeymen &A/C Apprentice Apprentice Apprentice Apprentice Apprentice eer hour eer hour eer hour eer hour eer hour eer hour eer hour (A) (Bl Wage Rate $ 61.80 $ 46.97 s 24.72 s 30.90 $ 37.08 $ 43.26 $ 49.44 Vacation Fund 7.25 5.51 2.90 3.63 4.35 5.08 5.80 Building Trades per Capita 0.06 0.06 0.06 0.06 0.06 0.06 0.06 Hourly Taxable Rate: 69.11 52.54 27.68 34.59 41.49 48.40 55.30 Fringe Benefits: Pension Fund (Defined Benefit) 12.85 9.77 5.14 6.43 7.71 9.00 10.28 Pension Fund (Defined Contribution) 8.30 6.31 3.32 4.15 4.98 5.81 6.64 Welfare Fund 19.50 15.00 7.80 9.75 11.70 13.65 15.60 HRA 0.25 0.25 0.10 0.13 0.15 0.18 0.20 Vacation Fund 7.25 5.51 2.90 3.63 4.35 5.08 5.80 Security Benefit Fund 11.50 11.50 4.60 5.75 6.90 8.05 9.20 Work Dues, Additional Work Dues, Enhancement 5.15 4.78 2.02 2.40 2.78 3.16 3.54 Fund, Target Fund & Building Fund Total per Paid Hour 64.80 53.12 25.88 32.24 38.57 44.93 51.26 Educational Fund 0.74 0.74 0.74 0.74 0.74 0.74 0.74 Steamfitting Industry of NY & LI 0.65 0.65 0.65 0.65 0.65 0.65 0.65 United Association Training Fund 0.10 0.10 0.10 0.10 0.10 0.10 0.10 Labor Management cooperation Committee 0.04 0.04 0.04 0.04 0.04 0.04 0.04 Building Trades per Capita 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 (12.46) (10.35) (4.98) (6.09) (7.19) (8.30) (9.401 (Vacation Fund, WOfk Dues and Building Trades per capita) Total Wage and Benefit Package: $ 123.04 $ 96.90 $ 50.17 $ 62.33 $ 74.46 $ 86.62 $ 98.75 (A) When 6th Steamfitter is employed, foremen wage rate is $2 more than journeymen rate. (Bl Per CBA, Rule I, Section Ill, temporary heat shifts shall consist of 8 or 8 ½ hours
