Issue link: https://pma.uberflip.com/i/1517839
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 workdays—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. HOLIDAY PAYMENTS BY CONTRACT YEAR Contract Year Ended June 30 2019 $ 65,374,122 2020 $ 68,007,356 2021 $ 67,048,171 2022 $ 70,276,545 2023 $ 85,746,842 Includes payments for benefits, taxes, and administrative expenses. Source: Audited Financial Statements ZPMC Cranes at Fenix Marine Services servicing the CMA CGM Brazil. Holidays recognized by the Agreements for 2024 and for the first six months of 2025 are shown to the left. HOLIDAY PLAN 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 JUNE 19 Juneteenth 3 JULY 4 Independence Day 5 Bloody Thursday 1 28 Harry Bridges' Birthday 2 SEPTEMBER 2 Labor Day 1 NOVEMBER 11 Veterans Day 28 Thanksgiving Day 1 DECEMBER 24 Christmas Eve Day 1 25 Christmas Day 1 31 New Year's Eve Day 1 2025 January 1 New Year's Day 1 20 Martin Luther King's Birthday February 12 Lincoln's Birthday 17 Washington's Birthday March 31 Cesar Chavez's Birthday May 26 Memorial Day JUNE 19 Juneteenth 3 Holidays shown in blue are non-paid holidays. An employee who performs work on these non-paid holidays shall receive the overtime 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 2 to 0700 September 3, 0800 November 28 to 0700 November 29. 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 observation date shall receive the holiday rate of pay for time worked. 3 No work will be performed from 0700 until 1700 June 19. The provision for no work shall not apply to passenger ships, essential military cargo, and emergencies. 44 2023 ANNUAL REPORT I N D U S T RY B E N E F I T S