{"id":18284,"date":"2026-05-15T08:19:24","date_gmt":"2026-05-15T15:19:24","guid":{"rendered":"https:\/\/www.dc16iupat.org\/?p=18284"},"modified":"2026-05-18T08:19:35","modified_gmt":"2026-05-18T15:19:35","slug":"norcal-glaziers-pension","status":"publish","type":"post","link":"https:\/\/www.dc16iupat.org\/es\/norcal-glaziers-pension\/","title":{"rendered":"NorCal Glaziers Pension"},"content":{"rendered":"<p class=\"wp-block-paragraph\">NorCal Glaziers Pension Update, Wage Allocation Results and Election Information<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pension:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hermanos y Hermanas,&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Good news from the NorCal Glaziers Pension Plan<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I am proud to report that at the Board of Trustees meeting, the NorCal Glaziers Pension Plan was <strong>101.8% funded<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Trustees unanimously approved (Management and Labor) an important <strong>accrued benefit improvement<\/strong>. This enhancement rewards past service and strengthens the pension for eligible participants.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Eligibility<\/strong> Any participant who worked at least <strong>435 hours<\/strong> in the plan year <strong>July 1, 2024 \u2013 June 30, 2025<\/strong> will receive the improved accrual rates listed below.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Benefit Improvement<\/strong> This improvement provides a <strong>0.50% increase<\/strong> in the accrual rate for nearly 20 years of service (July 1, 2005 \u2013 June 30, 2025), plus a smaller improvement for the 2003\u20132005 period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the updated accrual rates:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Plan Years<\/strong><\/th><th><strong>Current Rate<\/strong><\/th><th><strong>New Rate<\/strong><\/th><\/tr><\/thead><tbody><tr><td>7\/1\/79 \u2013 6\/30\/02<\/td><td>5.0%<\/td><td>5.0%<\/td><\/tr><tr><td>7\/1\/02 \u2013 6\/30\/03<\/td><td>2.6%<\/td><td>2.6%<\/td><\/tr><tr><td>7\/1\/03 \u2013 6\/30\/05<\/td><td>1.3%<\/td><td><strong>1.5%<\/strong><\/td><\/tr><tr><td>7\/1\/05 \u2013 6\/30\/25<\/td><td>1.0%<\/td><td><strong>1.5%<\/strong><\/td><\/tr><tr><td>7\/1\/25 and forward<\/td><td>1.0%<\/td><td>1.0%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In simple terms, if your Pension benefit was <\/strong><strong>$1,000<\/strong><strong> a month, now it will be <\/strong><strong>$1,500<\/strong><strong> a month<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keep your eyes and ears open for more information to come but this is exciting news!&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wage Allocation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On May 12<sup>.<\/sup> the Bay Area NorCal Glaziers had our wage allocation vote for the 2027 wage increase. We have a total of $4.50 to allocate with this wage increase. The following is a breakdown of the allocation vote results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$0.75 to H&amp;W (held in reserve, anything not used will be allocated to taxable net)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$0.25 to NorCal Pension (this .25 will be on benefit)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$0.23 to IUPAT Pension (increase required by Constitution)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$0.17 to Wage Equity (Market Recovery)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$0.10 to IUPAT Admin Dues (deducted from taxable net)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$2.00 to Annuity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$1.10 to taxable net wage (any remainder of the .75 going to H&amp;W will go to taxable net wage)&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will bring a Journeyman\u2019s wage to $62.84 an hour with a total package of $103.45 an hour.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Important Election Notice \u2013 June 13, 2026<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A secret ballot election will be held for the offices of <strong>Business Manager\/Secretary-Treasurer<\/strong> y <strong>20 Business Representative<\/strong> positions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is your opportunity to have a voice in the future of our union. Whether you\u2019re an advocate for change or you\u2019re happy with the current direction \u2014 <strong>come out and vote<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All active members in good standing may vote at <strong>any<\/strong> of the listed polling locations by presenting your Membership Card and valid ID.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Polling Locations \u2013 Saturday, June 13, 2026 (6:00 AM \u2013 5:00 PM)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bay Area \/ San Francisco<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Local 3, 12, 169 &amp; 1176<\/strong> \u2013 2020 Williams Street, Ste. A1, San Leandro, CA 94577<\/li>\n\n\n\n<li><strong>Local 718 &amp; 913<\/strong> \u2013 1620 Folsom Street, San Francisco, CA 94107<\/li>\n\n\n\n<li><strong>Local 507<\/strong> &amp; <strong>1621<\/strong>\u2013 2149 Oakland Rd., San Jose, CA 95131<\/li>\n\n\n\n<li><strong>Local 376 &amp; 741<\/strong> \u2013 401 Nebraska Street, Vallejo, CA 94590<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>North Bay \/ Sacramento Area<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Local 83<\/strong> \u2013 1130 Industrial Ave., Unit 7, Petaluma, CA 94952<\/li>\n\n\n\n<li><strong>Local 487, 767 &amp; 1237<\/strong> \u2013 7111 Governors Circle, Sacramento, CA 95823<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Other Locations<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Local 272<\/strong> \u2013 35 Penny Lane, Ste 5, Watsonville, CA 95076<\/li>\n\n\n\n<li><strong>Local 294<\/strong> \u2013 4650 E. Weathermaker Ave., Fresno, CA 93703<\/li>\n\n\n\n<li><strong>Local 159, 1512 &amp; 2001<\/strong> \u2013 1701 Whitney Mesa Drive, Ste. 105, Henderson, NV 89014<\/li>\n\n\n\n<li><strong>Local 567<\/strong> \u2013 1819 Hymer Avenue, Sparks, NV 89431<\/li>\n\n\n\n<li><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>En solidaridad,<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<strong>Trevor Long<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>NorCal Glaziers Pension Update, Wage Allocation Results and Election Information Pension: Brothers and Sisters,&nbsp; Good news from the NorCal Glaziers Pension Plan I am proud to report that at the Board of Trustees meeting, the NorCal Glaziers Pension Plan was 101.8% funded. The Trustees unanimously approved (Management and Labor) an important accrued benefit improvement. This [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18284","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"post_image":"","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/posts\/18284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/comments?post=18284"}],"version-history":[{"count":0,"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/posts\/18284\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/media?parent=18284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/categories?post=18284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dc16iupat.org\/es\/wp-json\/wp\/v2\/tags?post=18284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}