Article 5 · p.11

— Wages

A) The following wages shall be in effect for all new work bid after the effective date unless otherwise stated. Effective upon signing of this Agreement, the hourly wage rate shall be as per Schedule “A” attached. Increase: 15 % over 5 Years on Base Hourly Wage Rate Upon Signing 3% May 1, 2023 3% May 1, 2024 3% May 1, 2025 3% May 1, 2026 3% B) The payment of wages will be accompanied by a statement showing: (a) Wage rate (b) Amount of hours paid for straight time; (c) Amount of hours paid at overtime; (d) Amount of premiums and allowances; (e) Vacation pay; (f) Holiday pay; (g) The amount and purpose of each deduction; (h) The name of the contractor issuing the payment; (i) The employee’s name and payroll number; (j) Pension year to date (k) Health and welfare year to date CLRA and Carpenters Local 579 Collective Agreement 2022 - 2027 plPage 11 of 31 BMY KS 4g mes