Spring 2018 Issue of Spotlight on Benefits Available Now
The Spring 2018 Spotlight on Benefits is available now.
In this issue, read our front page article detailing continuing efforts by the Plans’ Board of Trustees to strengthen the Basic Pension Plan and protect its financial status for future generations:
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Recently, the DGA exercised its option to allocate another 0.5% of the negotiated increases in minimum salary rates in the second year of the 2017 Basic, FLTTA, Commercial and Networks’ Collective Bargaining Agreements to the DGA–Producer Pension Plans.
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Accordingly, the employer pension contributions rate will increase from 6.0% to 6.5%, beginning July 1, 2018.
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Continuing its ongoing efforts to further strengthen the Basic Pension Plan, the Plan’s Board of Trustees allocated the 0.5% increase to the Basic Pension Plan (subject to certain limits).
And more, including:
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The Health Plan provides one of the finest benefits packages in the industry. To preserve these benefits and ensure funds are spent appropriately, the updated policy on Coordination of Benefits Forms requires a new form annually from all participants, regardless of whether your information has changed from the previous year. This allows the Health Plan to maintain its proper position when apportioning claims among your insurers.
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To allow greater insight into disability decisions and further protect your rights, changes have been made to the Claims and Appeals procedures for disability claims in the Supplemental Pension Plan and Health Plan.
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Simple steps you can take to reduce the springtime allergy symptoms
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How to avoid unexpected out-of-pocket expenses by knowing how to determine what counts as “medically necessary” (particularly in situations required ongoing treatment)
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A summary of services for the aging available to DGA members (and their families) anywhere in the country through Motion Picture and Television Fund
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Quick and easy ways to let us know if you’ve moved, updated your mailing address, or changed your phone number
In addition, this quarter’s Spotlight on Benefits also includes the 2017 Annual Funding Notice, which provides important updates and information regarding the Basic Pension Plan, which remains well funded with a funded percentage of 92.7% as of January 1, 2017.
Click here to view the full newsletter.