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Pension

Pension, health and 401(k) benefits are provided by the Equity-League Pension, Health and 401(k) Trust Funds. The Funds office is located at 165 West 46th Street, New York, NY 10036. Visit http://www.equityleague.org/pension/index.html or call 212-869-9380 or 1-800-344-5220 (outside of New York).

Since its founding in 1961, the Pension Fund has grown with assets now exceeding over $1.5 billion (as of May 31, 2015). The Pension Fund pay benefits to over 7,500 pensioners and beneficiaries totaling about $60 million annually. This is projected to increase so that by the year 2020, we will have more than 13,000 pension recipients receiving approximately $87 million in annual benefits.

Under most Equity agreements, producers contribute a percentage of your weekly contractual salary (subject to a annual cap) into the Pension Fund.

How do I qualify for a pension ?
In general, you earn one year of vesting service for each calendar year in which you worked at least two weeks in covered employment.

You can become vested with 5 or 10 years of vesting service. If you are vested and become totally and permanently disabled, you may qualify for a Disability Pension.

More Pension Info: http://www.equityleague.org/pension/index.html

 

Pursuant to federal law, the Equity-League Pension, Health and 401(k)Trust Funds is a separate organization which is jointly administered by labor and management. The Board of Trustees of the Equity League Funds is made up of an equal number of Trustees representing both Actors' Equity and various management bargaining associations. The Trustees have a legal fiduciary responsibility to the Funds. All Trustee decisions are implemented by a Fund Administrator (hired jointly by labor and management Trustees) who supervises the Funds' staff and operations. The Funds are housed in separate offices and are NOT a subsidiary or department of Actors' Equity Association.


 
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