Common use of Motion Picture Industry Health Plan - Retired Employees Fund Clause in Contracts

Motion Picture Industry Health Plan - Retired Employees Fund. (a) Producer shall, for the period commencing August 1, 2015 to and including July 31, 2018, pay to the Industry Pension Plan through its Administrator, as agent for transmittal to the Motion Picture Industry Health Plan - Retired Employees Fund (subject to the provisions for changes hereinafter set forth), thirty cents (30.0¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2015 to and including July 31, 2018 under the terms of this Agreement, including "straight time" and "overtime" hours on any day worked. It is agreed and recommended that as a matter of funding policy, the Directors of the Health Plan shall continue to maintain the level of reserves in the Retired Employees Fund at eight (8) months at all times during the term of the Agreement. Commencing with the quarter ending September 30, 2015 and at the end of every subsequent calendar quarter during the term of this Agreement, the consultants for the Health and Pension Plans shall project the level of reserves in the Retired Employees Fund for the term of the Agreement.

Motion Picture Industry Health Plan - Retired Employees Fund. (a) Producer shall, for the period commencing August 1, 2015 2012 to and including July 31, 20182015, pay to the Industry Pension Plan through its Administrator, as agent for transmittal to the Motion Picture Industry Health Plan - Retired Employees Fund (subject to the provisions for changes hereinafter set forth), thirty cents (30.0¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2015 2012 to and including July 31, 2018 2015 under the terms of this Agreement, including "straight time" and "overtime" hours on any day worked. It is agreed and recommended that as a matter of funding policy, the Directors of the Health Plan shall continue to maintain the level of reserves in the Retired Employees Fund at eight (8) months at all times during the term of the Agreement. Commencing with the quarter ending September 30, 2015 2012 and at the end of every subsequent calendar quarter during the term of this Agreement, the consultants for the Health and Pension Plans shall project the level of reserves in the Retired Employees Fund for the term of the Agreement.

Motion Picture Industry Health Plan - Retired Employees Fund. (a) Producer shall, for the period commencing August 1, 2015 2021 to and including July 31, 20182024, pay to the Industry Pension Plan through its Administrator, as agent for transmittal to the Motion Picture Industry Health Plan - Retired Employees Fund (subject to the provisions for changes hereinafter set forth), thirty cents (30.0¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2015 2021 to and including July 31, 2018 2024 under the terms of this Agreement, including "straight time" and "overtime" hours on any day worked. It is agreed and recommended that as a matter of funding policy, the Directors of the Health Plan shall continue to maintain the level of reserves in the Retired Employees Fund at eight (8) months at all times during the term of the Agreement. Commencing with the quarter ending September 30, 2015 2021 and at the end of every subsequent calendar quarter during the term of this Agreement, the consultants for the Health and Pension Plans shall project the level of reserves in the Retired Employees Fund for the term of the Agreement.

Motion Picture Industry Health Plan - Retired Employees Fund. (a) Producer shall, for the period commencing August 1, 2015 2018 to and including July 31, 20182021, pay to the Industry Pension Plan through its Administrator, as agent for transmittal to the Motion Picture Industry Health Plan - Retired Employees Fund (subject to the provisions for changes hereinafter set forth), thirty cents (30.0¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2015 2018 to and including July 31, 2018 2021 under the terms of this Agreement, including "straight time" and "overtime" hours on any day worked. It is agreed and recommended that as a matter of funding policy, the Directors of the Health Plan shall continue to maintain the level of reserves in the Retired Employees Fund at eight (8) months at all times during the term of the Agreement. Commencing with the quarter ending September 30, 2015 2018 and at the end of every subsequent calendar quarter during the term of this Agreement, the consultants for the Health and Pension Plans shall project the level of reserves in the Retired Employees Fund for the term of the Agreement.