How does MPI pension work?

How does MPI pension work?

The Motion Picture Industry Individual Account Plan is a defined contribution plan that provides participants with either a lump sum payment or a monthly benefit. It is completely Employer-funded and the amount of a participant’s benefit will be their account balance at the time of retirement.

Does IATSE have 401k?

The Funds are governed by Boards of Trustees made up of an equal number of representatives of the IATSE (labor) and the employers (management). The IATSE National Benefit Funds include the Pension, Annuity, Health & Welfare, Vacation and 401(k) Funds.

How do I join the Editors Guild?

Editor

  1. Work Experience. Editors must demonstrate 175 days of non-union work experience within the last three years, prior to the date of application.
  2. Get Your Paperwork in Order. Get your paperwork in order for CSATF.
  3. Submit Paperwork to CSATF.
  4. Attend an Orientation Meeting.
  5. Initiation & Processing Fees.

What’s an IAP account?

The Individual Account Program (IAP) is an account-based retirement benefit for members of the Public Employees Retirement System (PERS).

Does Iatse have benefits?

The IATSE National Benefit Funds include the Pension, Annuity, Health & Welfare, and Vacation Funds. Employees and employers participate in one or more Funds, depending on the terms of their Collective Bargaining Agreement.

What is Iatse annuity fund?

I.A.T.S.E. Annuity Fund encourages and assists participants by providing additional financial security at retirement. While there are provisions for withdrawal options they are secondary to the primary objective of retirement income.

Do film editors have a union?

The Motion Picture Editors Guild (Union Local 700) is a part of the 500 affiliated local unions of the International Alliance of Theatrical Stage Employees (IATSE), a national labor organization with 104,000-plus members. There are more than 6,000 members of the Editors Guild.