When an individual earns more than a full time journeyman in any reporting period, the gross earnings on which the NEBF℠ contribution is made for that reporting period will be ‘capped’. The monthly Reportable Earnings Cap is calculated by using the journeyman’s wage rate (JWR), as outlined in the appropriate collective bargaining agreement (CBA), multiplied by the hours specified in the CBA.

 

Please note that each time the JWR changes, the Reportable Earnings Cap will also change.