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Mobile: 516.361.8211
BULLETIN
To: Contributing Employers to the Steel Institute of New York, Inc.
From: Steven N. Davi
Date: January 9, 2024
Re: Local Union No. 361 B-rates
Effective: January 1, 2024 – June 30, 2024
Please be advised effective January 1, 2024, through and including June 30, 2024, the following
Local No. 361 “B” rates shall apply to work described in the current Addendum to the Collective
Bargaining Agreement.
Wage Rates*
Journeyman: $54.82/hour
Apprentice: $30.70/hour
Trust Fund Contributions
Journeyman
Pension Fund: | $15.86/hour |
Health Fund: | $15.57/hour |
Annuity Fund: | $7.22/hour |
Topping-Out Fund: | $6.00/hour |
Vacation Fund: | $6.19/hour* |
JAC Fund: | $0.58/hour |
IMPACT: | $0.34/hour |
Intl. Organizing: | $0.22/hour* |
The working assessment for Journeymen is $3.12/hour.
The contribution to the Steel Institute of New York is $.30/hour.
Trust Fund Contributions
Apprentice
Pension Fund: | $15.86/hour |
Health Fund: | $15.57/hour |
Annuity Fund: | $4.62/hour |
Topping-Out Fund: | $2.93/hour |
Vacation Fund: | $3.61/hour* |
JAC Fund: | $0.58/hour |
IMPACT: | $0.34/hour |
270 Madison Avenue | Suite 401 | New York, New York 10016 | 212.697.5553 | www.siny.org
IISteelInstituteofNewYork
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Intl. Organizing: $0.22/hour*
The working assessment for Apprentice is $2.24/hour
The contribution to the Steel Institute of New York is $.30/hour.
*Taxable