I.B.E.W LOCAL 701 BENEFIT FUNDS
ALWAYS AT YOUR SERVICE

28600 Bella Vista Parkway, Suite 1110
Warrenville, IL 60555-1500
Phone (630) 393-1701   Fax (630) 393-3615
info@ibew701fbo.com


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06/02/08-05/31/09

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Contribution Rates Home

Telecommunications Agreements effective June 2, 2008 through May 31, 2009  as follows:

Journeyman/Residential Wireman
06/02/08- 5/31/2009 Hourly Wage Rate

$35.25

06/02/08- 5/31/2009 Benefit Package

% of Gross Wages

Amount

Vacation

11.00%

$3.88
Health & Welfare

 23.83%

$8.40
Pension 17.02% $6.00
Annuity  17.67% $6.23
National Electrical Benefit Fund 3.00% $1.06
S.U.B. Fund

 per hour worked

  $0.20

TOTAL 06/02/08- 5/31/2009 PAYROLL PACKAGE

$61.02

Apprenticeship 1.60% $0.56
Administrative Maintenance Fund .40% $0.14
L.M.C.C.

 per hour worked

$0.20
N.L.M.C.C.  per hour worked $0.01
TOTAL 06/02/08- 5/31/2009 PACKAGE

$61.93

DEDUCTIONS:
Working Dues = 2.25% of Gross Wages
Political Education Fund (P.E.F.) = 5 cents per hour ($0.05)

Supervisory Rates:
Foreman

Ten Percent (10%) above Journeyman Wireman Rate

$38.78
General Foreman

Sixteen Percent (16%) above Journeyman Wireman Rate

$40.89
Area General Foreman

Twenty Two (22%) above Journeyman Wireman Rate

$43.01