ARTICLE IV ‑ FOURTH WAGE INCREASE

(a)   Effective July 1, 1969 all standard basic daily and mileage rates of pay in effect on June 30, 1969 shall be increased by 3.0 percent. The local freight differential shall be maintained.

(b) Effective July 1, 1969, the increase in rates of Pay ‑provided for in Paragraph (a) of this Article will result in the following standard basic daily and mileage rates of pay:

Standard Basic Rates of Pay ‑ As of July 1, 1969:

 

Five‑Day Yard Service

                                                      Daily rate  

Yard Conductors (Foremen)          $31.50
Yard Brakemen (Helpers)
              29.26
Switchtenders
                                   26.90

(a) 'Where agreements now provide for additional payment for yard conductors (foremen) acting as footboard yardmasters such payment shall not be less than two‑thirds of one hour's pay in excess of the yard conductors' (foremen's) daily rate.

(d) Effective July 12 1969, the daily rates for car retarder operators in effect June 30, 1969, however expressed, shall be increased by 3.0 percent.