ARTICLE V - Wages

Par. 1. The rate of wages to be paid to Elevator Constructor Mechanics, Helpers and Apprentices shall be determined in accordance with the following: Effective January 1, 2003 the first (1st) Gross Increase shall have $3.00 added to the total package. Every twelve (12) months thereafter, during the term of this agreement, each local existing wage rate shall be increased $3.00 of total package according to the following schedule:

1st Year Gross Increase $3.00
2nd Year Gross Increase $3.00
3rd Year Gross Increase $3.00
4th Year Gross Increase $3.00
5th Year Gross Increase $3.00

Par. 2. Subtracted from the gross increase shall be the credits agreed upon in Paragraph 3 below. The remainder shall be the wage rate increase for the Elevator Constructor Mechanics in that Local.

Par. 3. The amount of credits for wage rate increases effective January 1, 2003 and every twelve months thereafter shall be as follows:

Current Wage Rate Amount
Contribution Level $7.505
Fringe Total
January 1, 2003 $1.82 $9.325
January 1, 2004 $1.01 $10.335
January 1, 2005 $1.00 $11.335
January 1, 2006 $1.00 $12.335
January 1, 2007 $1.00 $13.335

The above gross increases will be reallocated and the above credit amounts increased or decreased accordingly after the effective date of this Agreement by whatever different amounts, if any, the Union determines are necessary to fund the Health Plan, the Pension Plan, Annuity, Education Fund and Elevator Industry Work Preservation Fund by modifying the hourly contribution rate up to twenty-five cents ($.25) per fund per year at the recommendation of the Joint Trustees.

Par. 4. Subtracting the credits from the gross increases yields the following wage rate increases for the Elevator Constructor Mechanic:

1st Year Wage Rate Increase $1.18
2nd Year Wage Rate Increase $1.99
3rd Year Wage Rate Increase $2.00
4th Year Wage Rate Increase $2.00
5th Year Wage Rate Increase $2.00

Par.5. The wage rate for the Elevator Constructor Helpers shall be seventy (70) percent of the Elevator Constructor Mechanic's rate.

Par. 6. The wage rate for Elevator Constructor Apprentices shall be the progressive scale of wages set forth below, and those progressive elevations shall become effective the next full pay cycle following September 1st, commencing September 1, 2003 and each year thereafter:

Probationary Apprentice,(0-6months): 50% of Mechanic's Rate.

First Year Apprentice, (7-12 months): 55% of Mechanic's Rate, plus fringe benefits as provided by the collective bargaining agreement.

Second Year Apprentice, (13-24 months): 65% of Mechanic's Rate, plus fringe benefits as provided by the collective bargaining agreement.

Third Year Apprentice, (25-36 months): 70% of Mechanic's Rate, plus fringe benefits as provided by the collective bargaining agreement.

Fourth Year Apprentice, (37-48 months): 80% of Mechanic's Rate, plus fringe benefits as provided by the collective bargaining agreement.

Par 7. When four (4) or more men, including the Elevator Constructor Mechanic-in-charge, are employed on new construction or modernization jobs, the Elevator Constructor Mechanic-in-charge of the job shall have his hourly rate increased 12 - 1/2% for all hours worked.

Par 8. The wage rate of a given Local shall continue as long as satisfactory to both parties, but no change be made more often than twelve (12) months.

Par 9. The gross increases set out in this Article shall apply to all Elevator Constructor Mechanics, Elevator Constructor Helpers and Elevator Constructor Apprentices engaged in construction, repair, modernization and contract service work, as defined and
covered in this Agreement.

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