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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Telecommunications Rates

Contribution Rates Home

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

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

$32.00

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

% of Gross Wages

Amount

Vacation

1.56%

$0.50
Health & Family

 23.13%

$7.40
Pension 18.13% $5.80
Annuity  13.84% $4.43
National Electrical Benefit Fund 3.00% $0.96
S.U.B. Fund

 per hour worked

  $0.20

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

$51.29

Apprenticeship 1.50% $0.48
Administrative Maintenance Fund .40% $0.13
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

$52.11

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

Foreman Rates:

$2.10 per hour over Journeyman Technician Rate

$34.10
Please Note:  Working Dues are computed on the Gross Salary not the Adjusted Gross Salary