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1080 Atlantic Avenue • Toledo, OH • 43609 • ph (419) 385-6613 • fx (419) 385-6041 |
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| IRONWORKERS LOCAL #55 PAYROLL INFORMATION SHEET
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| Wages (Journeyman) | $23.28 per hour paid* |
| Pension | $ 8.35 per hour paid* |
| Annuity | $ 1.00 per hour paid |
| Health & Welfare | $7.00 per hour paid* |
| Apprentice Fund | $ .30 per hour paid * |
| LMCC | $ .05 per hour paid |
| IMPACT | $ .08 per hour paid |
| Contractors Fund | $ .26 per hour paid |
| TOTAL FRINGE PACKAGE | $17.04 * |
| TOTAL MONEY PACKAGE | $40.32 * |
| Wages (Foreman) | $24.78 per hour paid* |
| Wages (General Foreman) | $27.28 per hour paid* |
| PAYROLL DEDUCTIONS | |
| Savings Plan (Vacation) | $ 1.65 per hour paid |
| Dues Deduction | $ 1.20 per hour paid + 3.5% of Gross Wage |
| WAGE & DEDUCTION EXAMPLE | Regular 40 hour work week (Journeyman) |
| Federal Income Tax | $ 92.00 (Married, 1 exemption) |
| Social Security | $ 71.24 (7.65%) |
| City Tax (Toledo) | $ 20.96 (2.25%) |
| State Tax (Ohio) | $ 34.98 |
| Savings Plan Deduction | $ 66.00 ($1.65 per hour paid) |
| Dues Deduction | $ 80.60 ($ 1.20 per hour paid + 3.5% of Gross Wage) |
| TOTAL DEDUCTIONS | $ 365.78 |
| GROSS WAGES | $ 931.20 ($23.28 x 40 reg. hrs.) |
| NET PAY | $ 565.42 |
Total Fringes ($681.60), Total Savings Deduction ($66.00), and Total Dues Deduction ($80.60) = $828.20 (40 hours)
Mail one check payable to Northwestern Ohio Administrators, Inc., in the amount of $828.20 to the Welfare Plan Office – P.O. Box 697, Toledo, Ohio 43697-0697, (419)248-2401 or (800)432-2924.
OVERTIME: First two hours of overtime Monday through Friday paid at time and one-half; any additional hours thereafter paid at double time. First eight hours on Saturday paid at time and one-half; any additional hours thereafter paid at double time. All hours worked on Sunday and holidays paid at double time.
[ Regular Iron Workers ]
[ Metal Fence and Related
Guardrail Work ]
[ Classification A ]
[ Classification B ]
[ Classification C ]
[ Classification D ]
[ Classification E ]
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