Brothers and Sisters, We will be holding our Annual Holiday Dinner at the same place as last year. It will be at the VFW Hall located at 2784 Stockton Blvd. It will be held on Saturday December 9, 2023 from 5pm to 10pm. Be on the lookout for more info. We have a few VAC […]September 11, 2023
Brother and Sister’s,
I hope this is article finds you and your loved ones enjoying your summer. Work has been very busy and if you are not working let me know. With so much work, if you know of someone who does floor covering and is looking to get into the union or if you know someone wants to get into the trade, please have them call me.
This past Wednesday the members of Local 1237 voted on a one-year contract and it was ratified with 47 yes votes and 3 no votes. Here is the details and where the money is going;
- 1-year contract for $4.00 per hour increase. Equaling a 5.83% increase to the total package.
- Adoption of IUPAT Alt Plan 2 Rehabilitation Plan. Below is the language added to the contract;
Article 19, Section 2 (b) IUPAT Industry Pension Fund
The employer and the Union herby agree to the continuation of the existing IUPAT Industry Pension Fund (“National Pension Fund”). Effective January 1, 2022, and each year thereafter, the IUPAT Pension contribution called for in this Agreement shall increase by a minimum of five percent (5%) of the total negotiated increase in wages and benefits for the year. The five percent (5%) increase to the pension shall be taken from the aforementioned increase. Such increase will be rounded up to the nearest penny. The Union shall notify the Employers of the new pension rate as they occur.
On January 14, 2022, the Pension Fund elected to enter “Red Zone” status, requiring the adoption of a Rehabilitation Plan. The Rehabilitation Plan provides bargaining parties the opportunity to elect between two proposed “alternate schedules” of contributions and benefits or to accept the Rehabilitation Plan’s Default Schedule. The parties to this Agreement hereby elect “Alternate 2” and adopt the following required increases to hourly Pension Fund contributions.
- Effective August 1, 2022, there shall be an increase of twenty percent (20%) above the existing hourly contribution rate of $1.17 as of January 1, 2022. The twenty percent (20%) increase shall include the aforementioned Constitutional increase, which totals twenty-four cents ($0.24).
- All other Contract Language remains the same.
August 1, 2022 – $1.50 to be allocated as follows:
$1.26 to Wages
$0.08 to IUPAT Pension (Mandatory 5% Constitutional Increase)
$0.16 to IUPAT Pension (Mandatory Alt 2 Increase per Addendum)
January 1, 2023 – $2.50 to be allocated as follows:
$1.47 to wages
$0.45 to Annuity
$0.45 to Vacation Holiday (Deducted from Taxable net wage)
$0.05 to JATTF
$0.05 to Wage Equality
$0.35 to Health and Welfare
$0.13 to IUPAT Pension (Mandatory 5% Constitutional Increase)
DDO’s are as follows;
September 2, 2022 April 7, 2023
November 11, 2022 May 26, 2023
December 23, 2022 June 16, 2023
As always you can reach me at (916) 407-8279