IRONWORKERS - WAGES & FRINGE BENEFITS Effective January 1, 2017
Mercer County, Local #68: Structural: Journeyman: ..................................................................................... $47.14 Foreman: ........................................................................................... 50.87 General Foreman:............................................................................... 53.19 Rod: Journeyman: ..................................................................................... $45.15 Foreman: ............................................................................................ 48.72 General Foreman:............................................................................... 50.95 Fringes per hour worked: Welfare Fund: ...................................................................................... 9.20 Pension Fund:.................................................................................... 12.30 Voucher Plan per hour paid: Annuity Fund:........................................................................................ 9.00 Apprentice Fund: ................................................................................... .95 Supplemental Funds: .............................................................................. .93 Industry Fund: ......................................................................................... .15 IMPACT Fund: ........................................................................................ .375% of journeyman rate ** ........................................................................................................................... without the vacation fund
Deductions: **Int’l Per Capita .................................................................................... .625% of journeyman rate** ................................................................................................................ without the vacation fund *Vacation Fund: .................................................................................. 10.00 (Included in rate) *IPAL Fund: ............................................................................................ .05 (Included in rate) *Working Assessments: ........................................................................ 6.0%(Included in rate) *PAC Fund: ............................................................................................. .30 (Included in rate) *Organ. & Recovery Fund: ...................................................................... .50 (Included in rate) *Taxes should be withheld on the base wage. After taxes are withheld, $10.85 per hour plus the 6% of gross wages for Working Assessments and the .625% of journeyman rate for each hour worked for Int’l Per Capita are reimbursed by deducting from the employee’s pay. This will be used toward the purchase of the combined voucher. ** Use the Journeyman rate minus the Vacation Fund = Structural - $37.14; Rod - $35.15 $2.55 increase effective July 1, 2017 $2.65 increase effective July 1, 2018 CONTRACT EXPIRES 6/30/2019
