Motion Picture Industry Individual Account Plan Sample Clauses

Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Individual Account Plan, on behalf of each employee employed by the Producer hereunder, six percent (6%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed such employee during the period August 1, 2018 to and including July 31, 2021. (In the case of "on call" employees, such percentage payment shall be based on the scale "on call" rate.) It is understood that the parties will establish mechanisms at the Plan level so that when the Plans receive contributions on behalf of "on call" employees from multiple Employers for the same time period, such Employers shall be entitled to a credit against future contributions on a pro rata basis. (b) The parties agree that each employee's Individual Account Plan shall vest after one (1) qualified year. (c) Future reallocation of Post '60s and Supplemental Markets monies to the Individual Account Plan shall be done on the following basis: (1) Only that portion of the reserves in the Active Health Plan that exceeds the amount needed to furnish benefits to participants in such Health Plan for twelve (12) months, and that portion of the reserves in the Retiree Health Plan that exceeds the amount needed to furnish benefits to participants in such Health Plan for twenty
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Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Motion Picture Industry Individual Account Plan, on behalf of each employee employed by the Producer hereunder, six percent (6%) of the scale “on call” rate for each such employee during the period August 1, 2015 to and including July 30, 2016 (six and one-half percent (6.5%) for the period July 31, 2016 to and including July 29, 2017 and seven percent (7%) for the period July 30, 2017 to and including July 31, 2018). For Key Assistant Location Managers, the applicable minimum rates listed in Paragraph 1 of this Agreement or the applicable minimum rates under the episodic series and long-form television sideletters, if applicable, shall be considered the “scale ‘on call’ rate” on which the percentage contribution shall be based. The provisions of Article 12(d) and (e) shall apply to this Article. (b) The parties agree that each employee's Individual Account Plan shall vest after one (1) qualified year.
Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Individual Account Plan the following amounts on behalf of each employee employed by the Producer hereunder (other than Occ. Code No. 3500, Transportation Coordinator; Occ. Code Xx. 0000, Xxxxx xxx/xx Xxxxx Xxxxxx; Xxx. Code No. 3550, Ramrod; and Occ. Code No. 3571 Trainer (Domestic Livestock)): For all hours worked by or guaranteed such employee during the period August 1, 2015 to and including July 30, 2016, six percent (6%) of the scale Regular Basic Hourly Rate of pay. (In the case of "on call" employees (other than Occ. Code No. 3500, Transportation Coordinator), such percentage payment shall be based on the scale "on call" rate.) For all hours worked by or guaranteed such employee during the period July 31, 2016 to and including July 29, 2017, six and one-half percent (6.5%) of the scale Regular Basic Hourly Rate of pay. (In the case of "on call" employees, such percentage payment shall be based on the scale "on call" rate.) For all hours worked by or guaranteed such employee during the period July 30, 2017 to and including July 31, 2018, seven percent (7%) of the scale Regular Basic Hourly Rate of pay. (In the case of "on call" employees, such percentage payment shall be based on the scale "on call" rate.) As to each Transportation Coordinator (Occ. Code No. 3500), Stunt and/or Blind Driver (Occ. Code No. 3525), Ramrod (Occ. Code No. 3550) or Trainer (Domestic Livestock) (Occ. Code No. 3571) in its employ, Producer shall contribute to the Individual Account Plan as follows: During the period August 1, 2015 to and including July 30, 2016, two dollars and twelve cents ($2.12) per hour based upon the number of hours on which contributions to the Health Plan and Pension Plan are otherwise made on behalf of such employee. During the period July 31, 2016 to and including July 29, 2017, two dollars and thirty cents ($2.30) per hour based upon the number of hours on which contributions to the Health Plan and Pension Plan are otherwise made on behalf of such employee. During the period July 30, 2017 to and including July 31, 2018, two dollars and forty-seven cents ($2.47) per hour based upon the number of hours on which contributions to the Health Plan and Pension Plan are otherwise made on behalf of such employee. (b) The parties agree that each employee's Individual Account Plan shall vest after one (1) qualified year. (c) Future reallocation of Post '60s and Supplemental Markets monies to the Individual Account Pla...
Motion Picture Industry Individual Account Plan. (a) The Producer shall, for the period commencing August 1, 2007 to and including July 31, 2010, pay into the Motion Picture Industry Individual Account Plan the sum of thirty and five-tenths cents (30.5¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2007 under the terms of this Agreement, including “straight time” and “overtime” hours on any day worked. The provisions of Article 12(c) and (d) shall apply to the foregoing paragraph. In addition, Producer shall contribute to the Individual Account Plan the following amounts on behalf of each employee employed by the Producer hereunder (other than Xxx. Code No. 3500, Transportation Coordinator; Occ. Code Xx. 0000, Xxxxx xxx/xx Xxxxx Xxxxxx; Xxx. Code No. 3550, Ramrod; and Occ. Code No. 3571 Trainer (Domestic Livestock)): For all hours worked by or guaranteed such employee during the period July 29, 2007 to and including August 1, 2009, five and one-half percent (5.5%) of the scale Regular Basic Hourly Rate of pay. (In the case of “on call” employees (other than Occ. Code No. 3500, Transportation Coordinator), such percentage payment shall be based on the scale “on call” rate.) For all hours worked by or guaranteed such employee during the period August 2, 2009 to and including July 31, 2010, six percent (6%) of the scale Regular Basic Hourly Rate of pay. (In the case of “on call” employees (other than Occ. Code No. 3500, Transportation Coordinator), such percentage payment shall be based on the scale “on call” rate.) As to each Transportation Coordinator (Occ. Code No. 3500), Stunt and/or Blind Driver (Occ. Code No. 3525), Ramrod (Occ. Code No. 3550) or Trainer (Domestic Livestock) (Occ. Code No. 3771) in its employ, Producer shall contribute to the Individual Account Plan as follows: During the period July 29, 2007 to and including August 2, 2008, an additional one dollar and eighty-three cents ($1.83) per hour based upon the number of hours on which contributions to the Health Plan, Pension Plan and Individual Account Plan are otherwise made on behalf of such employee; During the period August 3, 2008 through August 1, 2009, an additional one dollar and eighty-eight cents ($1.88) per hour based upon the number of hours on which contributions to the Health Plan, Pension Plan and Individual Account Plan are otherwise made on behalf of such employee; and During the period August 2, 2009 to and including July 31, 2010, an additional two dollars and twelve cents ($2.1...
Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Individual Account Plan the following amounts on behalf of each employee employed by the Producer hereunder (other than Occ. Code No. 3500, Transportation Coordinator; Occ. Code Xx. 0000, Xxxxx xxx/xx Xxxxx Xxxxxx; Xxx. Code No. 3550, Ramrod; and Occ. Code No. 3571 Trainer (Domestic Livestock)): For all hours worked by or guaranteed such employee during the period August 1, 2012 to and including July 31, 2015, six percent (6%) of the scale Regular Basic Hourly Rate of pay. (In the case of “on call” employees (other than Occ. Code No. 3500, Transportation Coordinator), such percentage payment shall be based on the scale “on call” rate.) 3500), Stunt and/or Blind Driver (Occ. Code No. 3525), Ramrod (Occ. Code No. 3550) or Trainer (Domestic Livestock) (Occ. Code No. 3571) in its employ, Producer shall contribute to the Individual Account Plan as follows: During the period August 1, 2012 to and including July 31, 2015, two dollars and twelve cents ($2.12) per hour based upon the number of hours on which contributions to the Health Plan and Pension Plan are otherwise made on behalf of such employee. (b) The parties agree that each employee’s Individual Account Plan shall vest after one (1) qualified year. (c) Future reallocation of Post ’60s and Supplemental Markets monies to the Individual Account Plan shall be done on the following basis: (1) Only that portion of the reserves in the Active Employees Fund that exceeds the amount needed to furnish benefits to participants in such Health Plan for twelve (12) months, and that portion of the reserves in the Retired Employees Fund that exceeds the amount needed to furnish benefits to participants in such Health Plan for twenty
Motion Picture Industry Individual Account Plan. Individual Account Plan – August 2, 2015 through July 28, 2018
Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Individual Account Plan eight percent (8%) of the scale Regular Basic Hourly Rate of pay on behalf of each employee employed by the Producer hereunder (other than Occ. Code No. 3500, Transportation Coordinator; Occ. Code Xx. 0000, Xxxxx and/or Blind Driver; Occ. Code No. 3550, Ramrod; and Occ. Code No. 3571 Trainer (Domestic Livestock; and Occ. Code No. 3598, DOT Administrator)) for all hours worked by or guaranteed such employee during the period August 1, 2021 to and including July 31, 2024. (In the case of "on call" employees, such percentage payment shall be based on the scale "on call" rate.) As to each Transportation Coordinator (Occ. Code No. 3500), Stunt and/or Blind Driver (Occ. Code No. 3525), Ramrod (Occ. Code No. 3550) or Trainer (Domestic Livestock) (Occ. Code No. 3571) in its employ, Producer shall contribute to the Individual Account Plan during the period August 1, 2021 to and including July 31, 2024, two dollars and ninety-one cents ($2.91) per hour based upon the number of hours on which contributions to the Health Plan and Pension Plan are otherwise made on behalf of such employee. As to each DOT Administrator (Occ. Code No. 3598), Producer shall contribute to the Individual Account Plan four percent (4%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period February 13, 2022 to and including July 30, 2022; five percent (5%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period July 31, 2022 to and including July 29, 2023; and six percent (6%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period July 30, 2023 to and including July 31, 2024. (The Producer shall continue to make IAP contributions in accordance with the first (a) for any employee employed by the Producer during the twelve-month period ending February 13, 2022 for whom contributions were made at a higher rate.) (b) The parties agree that each employee's Individual Account Plan shall vest after one (1) qualified year.
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Motion Picture Industry Individual Account Plan. “As to each DOT Administrator (Occ. Code No. 3598), Producer shall contribute to the Individual Account Plan four percent (4%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period February 13, 2022 to and including July 30, 2022; five percent (5%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period July 31, 2022 to and including July 29, 2023; and six percent (6%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period July 30, 2023 to and including July 31, 2024August 1, 2024 to and including [insert date that is August 3, 2024 or the first Saturday following the business day on which the AMPTP receives notice of ratification, whichever is later], which shall be increased to eight percent (8%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed the employee during the period [insert date that is August 4, 2024 or the first Sunday following the business day on which the AMPTP receives notice of ratification, whichever is later] to and including July 31, 2027. (The Producer shall continue to make IAP contributions in accordance with the first paragraph of this Article 12A.
Motion Picture Industry Individual Account Plan. (a) The Producer shall, for the period commencing August 1, 2009 to and including July 31, 2012, pay into the Motion Picture Industry Individual Account Plan the sum of thirty and five- tenths cents (30.5¢) for each hour worked by or guaranteed an employee by such Producer on or after August 1, 2009 under the terms of this Agreement, including "straight time" and "overtime" hours on any day worked. The provisions of Article XIII(c) and (d) shall apply to the foregoing paragraph. In addition, Producer shall contribute to the Individual Account Plan, on behalf of each employee employed by the Producer hereunder, six percent (6%) of the scale Regular Basic Hourly Rate of pay for all hours worked by or guaranteed such employee during the period August 1, 2009 to and including July 31, 2012. (In the case of “on call” employees, such percentage payment shall be based on the scale “on call” rate.) It is understood that the parties will establish mechanisms at the Plan level so that when the Plans receive contributions on behalf of “on call” employees from multiple Employers for the same time period, such Employers shall be entitled to a credit against future contributions on a pro rata basis. (b) The parties agree that each employee’s Individual Account Plan shall vest after one (1) qualified year. (c) Future reallocation of Post ‘60s and Supplemental Markets monies to the Individual Account Plan shall be done on the following basis: (1) Only that portion of the reserves in the Active Health Plan that exceeds the amount needed to furnish benefits to participants in such Health Plan for twelve (12) months, and that portion of the reserves in the Retiree Health Plan that exceeds the amount needed to furnish benefits to participants in such Health Plan for twenty
Motion Picture Industry Individual Account Plan. (a) The Producer shall contribute to the Motion Picture Industry Individual Account Plan, on behalf of each employee employed by the Producer hereunder, eight percent (8%) of the scale "on call" rate for each such employee. For Key Assistant Location Managers, the applicable minimum rates listed in Paragraph 1 of this Agreement or the applicable minimum rates under the episodic series and long-form television sideletters, if applicable, shall be considered the "scale 'on call' rate" on which the percentage contribution shall be based. The provisions of Article 12(d) and (e) shall apply to this (b) The parties agree that each employee's Individual Account Plan shall vest after one (1) qualified year.
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