Iron Workers Local Union No. 33 Benefits

Fringe Benefits-Contributions-Deductions paid on hours worked (Effective May 1, 2010)        Welfare                                                  $6.15 Pension                                                 $ 7.75
Training Fund                                        $   .55
Industry Advancement Program          $   .07
Medical Supplemental/Annuity            $ 4.34
IWECT                                                    $ 1.80
DUES-(deduction) (of gross wages)            5%  

Apprenticeship Wage Schedule 
                                        Pension                      Welfare
       Wages (% of JIW pension contribution)   (per hr)
1st year  $ 16.00               None                            $7.50
2nd year $ 18.00               70%$5.43)                  $7.50
3rd year  $ 20.00               80% ($6.20)                $7.50
4th year  $ 22.00               90% ($6.98)                $7.50

Training Fund for Apprentices-$.40 cents per hour
IWECT for Apprentices-$.60 cents per hour
Industry Advancement Program-$.07 cents per hour
Dues (deduction) (of gross wages)-5%
Show-up Time-(Journeymen & Apprentices) $30 per hour (expense)