top of page
PENSION & HEALTH BENEFITS
In addition to the negotiation for additional employer-paid money to address rising healthcare costs in each round of the contract, the following gains were made:
Pension increases – 15% active, 5% retirees 8/1/88 and 5% each 1/1/91
1990
Pension increases (20% active 1/1/93; retiree 1% increase for each year of retirement with a minimum of 5% and a maximum of 15%)
1996
IAP increased to 4% over term.
Creation of a new health eligibility system, which includes a bank of 450 hours.
Increased reimbursements,
including coverage of birth-control pills and devices.
Renewal of the 13th and 14th check for retirees.
2003
Producers agree to improved monitoring of the sources of income from supplemental markets to ensure greater accountability and compliance to protect our pension and health plans.
IAP increased to 6%.
Renewal of the 13th and 14th check for retirees.
2015
The On-call daily benefit contribution amount to improved monitoring of the sources of income from supplemental markets to ensure greater accountability and compliance to protect our pension and health plans.
Payroll-based benefit contributions for streaming productions secured. Streaming now generates additional monies into the Pension Plan: For high budget live-action and animated features that have a theatrical release, a percentage of payroll shall be paid to the Pension Plan.
Renewal of the 13th and 14th check for retirees.
2021
1988
Pension increases - 15% active 1/1/90, active/retirees 5% 1/1/91
1993
Pension increases increased the benefit accrual formula for
actives 1/1/96.
Creation of a 13th and 14th check for retirees, providing for two additional payments on top of their monthly checks.
Individual Account Plan (IAP) changed from a stagnant flat $.30 ½ /hr. amount to a percentage of the scale Regular Basic Hourly Rate of pay for all hours worked by the employee or guaranteed by the employer. By end of the term, it was at 3%.
Eliminated co-pay for mail-order prescription drugs, reduced dental deductible from $50 to $25.
Created a fund to develop a pilot wellness program.
2000
Pension increase between 7.5-15%, and IAP rate increase to 5% over term.
On-Call positions benefit payments increased 4 hours per week (increased to 60 hrs for a 5 day week, 67 hours for a 6 day week and 75 hours for a 7 day week).
Eliminated limits on hospital stays.
Renewal of the 13th and 14th check for retirees.
2006
Pension improved - Increased pension benefit accrual rates by 10% for credited and frozen benefits accumulated before
1/1/17 but after most ‘break in service’ for active participants. A “Break in Service” is when a participant has had contributions of less than 200 hours in each of two consecutive years made on their behalf to the Pension Plan.
Residual provisions are established for minimum guarantees of 4.5% when a producer sells foreign distribution rights for a Motion Picture for a flat fee, which will capture more contributions for the Benefit Plans and lower audit and collections costs.
Renewal of the 13th and 14th check for retirees.
2018
Increased benefit hours owed for On-Call Employees. The weekly amount increased by ten hours over the term of the Agreement (on 7/30/23: five day week 70 hrs; six day week 82 hours; seven day week 94 hours; partial week 14 hrs per day).
Renewal of the 13th and 14th check for retirees.
bottom of page