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TO ALL SIGNATORY CONTRACTORS: EFFECTIVE APRIL 1, 2010 THROUGH MARCH 31, 2011$ 29.38 – GENERAL FOREMAN FOR IRONWORKERS, RODMEN, GLAZIERS AND ORNAMENTAL $ 28.38 – FOREMAN FOR IRONWORKERS, RODMEN, GLAZIERS, AND ORNAMENTAL $ 26.38 – JOURNEYMAN IRONWORKERS, RODMEN, GLAZIERS, AND ORNAMENTAL
$ 29.63 – GENERAL FOREMAN FOR SHEETERS $ 28.63 – FOREMAN FOR SHEETERS $ 26.63 – JOURNEYMAN FOR SHEETERS
$ 29.13 – GENERAL FOREMAN FOR FENCE ERECTORS $ 28.13– FOREMAN FOR FENCE ERECTORS $ 26.13 – JOURNEYMAN FENCE ERECTORS
FRINGE BENEFITS $ 6.70 PENSION $ 3.35 ANNUITY $ 5.83 HEALTH & WELFARE $ 0.37 APPRENTICESHIP & TRAINING $ 0.06 INDUSTRY ADVANCEMENT FUND $ 0.13 I.M.P.A.C.T. ______________ $16.44 TOTAL FRINGES
PAYROLL DEDUCTIONS ***2.5% OF GROSS WAGES FOR CHECK-OFF $0.09 – IRONWORKERS ORGANIZING PROGRAM $ 0.01 – B.U.I.L.D. (VOLUNTARY) $ 0.05 – I.P.A.L. (VOLUNTARY) $ 1.00 – VACATION FUND $ 0.13 – I.M.P.A.C.T.
DON’T FORGET – ALL FRINGE BENEFITS AND PAYROLL DEDUCTIONS MUST BE POST MARKED BY THE 15TH DAY OF EACH MONTH FOLLOWING THE MONTH THE EMPLOYEES ARE EMPLOYED. (FRINGES ARE BASED ON STRAIGHT TIME FOR ALL HOURS PAID) *Please note the Impact Fund is derived from an Employer and Employee Contribution of $0.13 each.
APPRENTICE RATES BASED ON JOURNEYMAN’S RATE OF $26.38PER HOUR EFFECTIVE APRIL 1, 2010 THROUGH MARCH 31, 2011
PRE APPRENTICE FRINGE BENEFITS – ON HOURS PAID*
50% $ 13.19 $ 5.83 HEALTH & WELFARE .37 APPRENTICESHIP & TRAINING .06 INDUSTRY ADVANCEMENT .13 I.M.P.A.C.T $ 6.39
THE FOLLOWING RATES AND BENEFITS WILL BECOME EFFECTIVE WHEN THE CONTRACTOR IS NOTIFIED THAT THE APPRENTICE HAS BEGUN SCHOOL.
APPRENTICE RATES FRINGE BENEFITS – ON HOURS PAID*
50% $13.19 $ 5.83 HEALTH & WELFARE 55% $14.51 6.70 PENSION 60% $15.83 .37 APPRENTICESHIP & TRAINING 70% $18.47 .06 INDUSTRY ADVANCEMENT 80% $21.10 .13 I.M.P.A.C.T. 90% $23.74 _________ $13.09 TOTAL BENEFIT PACKAGE
(2nd Year Apprentices will receive $1.15 per hour in Annuity and 3rd Year Apprentices will receive $2.15 per hour in Annuity)
PAYROLL DEDUCTIONS – APPLIES TO APPRENTICES AND PREAPPRENTICE RATES
***2.5% OF GROSS FOR CHECK-OFF $ 0.09 – IRONWORKERS ORGANIZING PROGRAM $ 0.01 – B.U.I.L.D. (VOLUNTARY) $ 0.05 – I.P.A.L. (VOLUNTARY) $ 1.00 – VACATION FUND $ 0.13 – I.M.P.A.C.T
*BENEFITS ARE COMPUTED AT STRAIGHT TIME FOR ALL HOURS PAID
*Please note the Impact Fund is derived from an Employer and Employee Contribution of $0.13 each |