Issue link: https://pma.uberflip.com/i/1495430
HOLIDAY PLAN 2023 January 1 New Year's Day 1,2 16 Martin Luther King's Birthday February 12 Lincoln's Birthday 20 Washington's Birthday March 31 Cesar Chavez's Birthday May 29 Memorial Day July 4 Independence Day 5 Bloody Thursday 1 28 Harry Bridges' Birthday September 4 Labor Day 1 November 11 Veterans Day 2 23 Thanksgiving Day 1 December 24 Christmas Eve Day 1,2 25 Christmas Day 1 31 New Year's Eve Day 1,2 2024 January 1 New Year's Day 1 15 Martin Luther King's Birthday February 12 Lincoln's Birthday 19 Washington's Birthday March 31 Cesar Chavez's Birthday 2 May 27 Memorial Day Holidays shown in blue are non-paid holidays. An employee who performs work on these non-paid holidays shall receive the over- time rate of pay for time worked. 1 No work will be performed from 1500 December 24 to 0700 December 26, 1500 December 31 to 0700 January 2, 0800 July 5 to 0700 July 6, 0800 September 4 to 0700 September 5, 0800 November 23 to 0700 November 24. The provision for no work shall not apply to passenger ships, essential military cargo, and emergencies. An extended shift may be worked from 1500 until 1700 on December 24 and from 1500 until 1700 December 31 for the purpose of finishing a ship. 2 When a holiday falls on a Saturday or Sunday, the work schedule applies to Saturday or Sunday. However, the holiday is observed the following Monday, and payment for the holiday applies to Monday. An employee who performs work on the Monday obser- vation date shall receive the holiday rate of pay for time worked. Registrants are eligible to receive a paid holiday benefit provided they (1) have registration status on the date of the paid holiday and (2) have been paid or credited sufficient hours in the previous payroll year to qualify for a basic one-week vacation. To receive a paid holiday benefit, eligible registrants must be available for at least two of the five days, Monday through Friday (exclusive of the holiday), during the payroll week in which the holiday falls. If the registrant was paid sufficient hours in the previous payroll year to qualify for a two-week basic vacation, the availability requirement is waived for paid holidays which are normal work days—i.e., Martin Luther King's Birthday, Washington's Birthday, Cesar Chavez's Birthday, Memorial Day, Independence Day, Harry Bridges' Birthday and Veterans Day. Those eligible for paid holidays receive pay equivalent to 8 hours at the basic straight time rate whether or not they work on the holiday. All registrants who are paid for work hours on a "paid holiday" or on a recognized holiday receive wages for the hours paid at the overtime rate. Holidays recognized by the Agreements for 2023 and for the first six months of 2024 are shown to the left. Pay Guarantee Plan The Pay Guarantee Plan (PGP) provides a weekly income supplement to industry registrants who meet certain eligibility criteria and are unable to obtain a week's work. A Class "A" longshore or clerk who qualifies is guaranteed an income equivalent to a 40-hour week at the basic straight time hourly wage ($46.23 per hour for Class "A" longshore, effective July 4, 2021, or $1,849.20 per week). Class "B" registrants with 5 or more vacation qualifying years receive the same guarantee. Those Class "B" registrants with fewer than five vacation qualifying years are guaranteed income equivalent to a 32-hour week ($1,479.36). Workers connect a vessel to shore power. HOLIDAY PAYMENTS BY CONTRACT YEAR Contract Year Ended June 30 2018 $61,042,442 2019 $65,374,122 2020 $68,007,356 2021 $67,048,171 2022 $70,276,545 Includes payments for benefits, taxes, and administrative expenses. Source: Audited Financial Statements I N D U S T R Y B E N E F I T S 44 44 2022 ANNUAL REPORT