Effective Date of Pension and Health Provisions Sample Clauses

Effective Date of Pension and Health Provisions a. The $1.00 per hour increase in the current Producer contribution rate to the Active Employees Fund shall be effective: i. On July 29, 2012 for employees employed on digital recordings to which the wage scales in the Producer-I.A.T.S.E. Basic Agreement and the West Coast Studio Local Agreements apply; and ii. On September 30, 2012 for employees employed on digital recordings to which the wage scales in the Producer-I.A.T.S.E. and M.P.T.A.A.C. Videotape Electronics Supplemental Basic Agreement apply. b. The reallocation to the Active Employees Fund of the thirty and five-tenths cents ($0.305) per hour Producer contribution to the Motion Picture Industry Individual Account Plan (“IAP”) for each hour worked by or guaranteed an employee shall be effective: i. On July 29, 2012 for employees employed on digital recordings to which the wage scales in the Producer-I.A.T.S.E. Basic Agreement and the West Coast Studio Local Agreements apply; and ii. On September 30, 2012 for employees employed on digital recordings to which the wage scales in the Producer-I.A.T.S.E. and M.P.T.A.A.C. Videotape Electronics Supplemental Basic Agreement apply. c. The employee-paid premium to the Health Plan shall be paid on a quarterly basis, effective January 1, 2013, for eligible participants in the Active Employees Fund: $0 per month for a participant without enrolled dependents; $25 per month for a participant who enrolls one (1) dependent; and $50 per month for a participant who enrolls two (2) or more dependents.
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