Common use of Pension Scheme Clause in Contracts

Pension Scheme. Where the Artist is a member of the Equity Pension Scheme and has elected to make a contribution the BBC will contribute 5% of the Artist’s Basic Engagement Fee (which excludes read-throughs, additional days, short items, extracts, overtime, expenses, assembly fees and all secondary use payments) subject to a maximum contribution of 5% of three times the minimum engagement fee. The Artist will contribute 2.5% of their Basic Engagement Fee subject to a maximum contribution of 2.5% of three times the minimum engagement fee. The BBC will remit their contribution and the Artist’s contribution direct to the Pension Fund on a monthly basis. The Equity Pension Scheme is administered by First Act Insurance and provided by Commercial Union.

Appears in 5 contracts

Samples: Contributor Rights Contract, Contributor Rights Contract, Contributor Rights Contract

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Pension Scheme. Where the Artist is a member of the Equity Pension Scheme and has elected to make a contribution the BBC will contribute 5% of the Artist’s Basic Engagement Fee (which excludes read-throughsreadthroughs, additional days, short items, extracts, overtime, expenses, assembly fees and all secondary use payments) subject to a maximum contribution of 5% of three times the minimum engagement fee. The Artist will contribute 2.5% of their Basic Engagement Fee subject to a maximum contribution of 2.5% of three times the minimum engagement fee. The BBC will remit their contribution and the Artist’s contribution direct to the Pension Fund on a monthly basis. The Equity Pension Scheme is administered by First Act Insurance and provided by Commercial Union.

Appears in 2 contracts

Samples: downloads.bbc.co.uk, Contributor Rights Contract

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Pension Scheme. Where the Artist is a member of the Equity Pension Scheme and has elected to make a contribution the BBC will contribute 5% of the Artist’s Basic Engagement Fee (which excludes read-throughs, additional days, short items, extracts, overtime, expenses, assembly fees and all secondary use payments) subject to a maximum contribution of 5% of three times the minimum engagement fee. The Artist will contribute 2.5% of their Basic Engagement Fee subject to a maximum contribution of 2.5% of three times the minimum engagement fee. The BBC will remit their contribution and the Artist’s contribution direct to the Pension Fund on a monthly basis. The Equity Pension Scheme is administered by First Act Insurance and provided by Commercial UnionXxxxxxxx Xxxxxxx.

Appears in 1 contract

Samples: Contributor Rights Contract

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