Pension Plan Document PDF (355 KB)

    

Article I, Section 6

Section 6. Credited Week.

1. For the period prior to March 31, 1960, the term "Credited Week" as used herein shall mean a week of employment worked in the Industry for which an employer in the Industry would have been required to make a contribution had this Plan been in effect and had such employer been an Employer hereunder at the time in question.
   
   
2. For the period commencing March 31, 1960, the term "Credited Week" as used herein shall mean (1) a week of employment for which an Employer is required to make a contribution to this Plan, (2) a week of employment for which an employer made a contribution to the WGA Pension Trust Fund For The Broadcast Industry, the number of such weeks (not to exceed 52) each calendar year to be established by dividing $400 into the compensation paid during each calendar year by the employer to a Participant in the WGA Pension Trust Fund For The Broadcast Industry, or (3) a week of employment with an Employer for which the Employer is not required to make a contribution to this Plan, provided that such week of employment precedes or follows (without an intervening quit, discharge or retirement) employment with the same Employer for which employment such Employer is or was required to make a contribution to this Plan.
   
   
3. A Participant who earns $5,000 of "gross compensation" in a Plan Year ($3,200 for Plan Years before 1997) shall be deemed to earn eight Credited Weeks for that Plan Year. For this purpose "gross compensation" shall mean the amount of compensation upon which Employer contributions are based, as set forth in the Collective Bargaining Agreement from time to time.
   
   
4. With respect to Participants who become Participants prior to April 1, 2006 by virtue of being employees of a Named Employer, such Participants shall receive in addition to the Credited Weeks determined under the preceding provisions of this Section and upon completion of five consecutive Qualified Years of employment by such a Named Employer, a Credited Week for each week of employment performed in the motion picture film industry prior to employment by such a Named Employer. The forgoing rule shall apply to any Participant who commences employment with a Named Employer prior to April 1, 2006, provided that the five consecutive Qualified Years are completed on or prior to December 31, 2010. For purposes of this Section 6(d), a Participant shall be considered to have become a Participant prior to April 1, 2006 if his or her date of hire with a Named Employer was prior to April 1, 2006, or, in any instance in which date of hire information is unavailable, if contributions were made to this Plan on the Participant's behalf by a Named Employer based on compensation reported as earned in the first quarter of 2006 or before.