Issue link: https://pma.uberflip.com/i/1517839
reduced proportionally. If funds remain at the end of a quarter, a lump sum make-whole payment is given to those whose PGP payment had been reduced. The foremen's plan guarantees weekly pay equivalent to a 40-hour week at the foreman straight time rate. ILWU-PMA Marine Clerk Work Opportunity The purpose of the ILWU-PMA Marine Clerk Work Opportunity Program is to ensure a registered marine clerk will be provided full work opportunity as a marine clerk five out of seven days in any payroll week pursuant to the "Framework for Special Agreement on Application of Technologies and Preservation of Marine Clerk Jurisdiction, Item VI, November 23, 2002 Memorandum of Understanding." If the employer is unable to provide a work opportunity, a marine clerk checked into the hall on five out of seven days in any payroll week will receive a payment in lieu of work. 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 ($52.85 per hour for Class "A" longshore, effective July 1, 2023, or $2,114.00 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 ($1,691.20). In general, to be eligible, a Class "A" or "B" registrant must, during the most recent four payroll quarters, have worked at least 50% of the average hours available in the home port. Further, the registrant must be available for work Monday through Friday in a given payroll week and may not refuse any work offered for which the registrant is qualified. Class "B" registrants are not eligible for PGP until after one year of registration. The contingent PGP liability for registrants for 2023/2024 is $50,000,000. This amount is divided into quarterly amounts. One-thirteenth of each quarter's amount is available at the end of each payroll week to meet that week's obligation. Unused funds for a week are added to the next week and so on. If funds available during a given week are insufficient to pay all the guarantees on the coast in full, the payments to all are Includes payments for benefits, taxes, and administrative expenses.Data obtained from Audited Financial Statements. PAY GUARANTEE PLAN BENEFITS AND EXPENSES Contract Year Ended June 30 Longshore Walking Bosses and Clerks and Foremen 2019 $6,441,846 $232,032 2020 $17,907,001 $432,153 2021 $10,518,011 $388,949 2022 $5,633,273 $222,029 2023 $16,423,534 $233,637 The Program is funded through assessments on containers as described in a membership agreement filed with the Federal Maritime Commission. When a clerk qualifies for payment through the Marine Clerk Work Opportunity Program, the fund pays wages, taxes and appropriate hourly benefits assessments. Industry Travel System The Industry Travel System, originally called the Voluntary Travel Fund, was established to provide PMA member employers with an economic incentive to use voluntary travelers. The purpose of the system is to provide a mechanism whereby all ports may have available qualified longshore employees in periods of peak work opportunity and to provide reimbursement for travel expenses to longshore registrants who travel to nearby ports to seek work opportunity. Individual longshore registrants who travel voluntarily or individual longshore registrants and/or gangs who are ordered to travel by an employer within a defined area are paid for travel, when assigned to a job, under the provisions of the Industry Travel System. Clerks registered in the multi-chartered locals receive the same benefit when they travel. Employers are reimbursed for the payments made to individuals and/or gangs ordered to travel for their travel expenses, payroll taxes, payroll hour assessments and an allowance for workmen's compensation insurance and other related expenses. Qualified travelers are paid for travel time at the rate of one-half of the basic hourly rate. A mileage allowance for transportation is also paid, not to exceed the maximum nontaxable rate allowed by IRS standards. A Cosco Shipping container is transported on zero-emission cargo handling equipment at Long Beach Container Terminal. INDUSTRY TRAVEL PAYMENTS Contract Year Ended June 30 2019 $14,609,685 2020 $12,437,715 2021* $2,160,718 2022 $7,248,710 2023 $13,917,099 Includes payments for benefits and tax expenses. * Industry travel was restricted in 2021 to help prevent the spread of COVID-19. PACIFIC MARITIME ASSOCIATION 45 I N D U S T RY B E N E F I T S