MEMORANDUM
TO:
Employers Signatory to an East Coast Agreement
FROM:
Sherie Carroll, Manager, Employer Contracts Department
DATE:
December 22, 2016
RE:
New East Coast Contribution Rate Effective March 26, 2017
Currently, contributions for Employees working under an East Coast Agreement with Local 600,
Local 700, Local 52, Local 161 or Local 817 (Location Managers/Scouts), or any Agreement that
contains rates that are based upon the hourly cost of benefits per Participant, are due at the
composite rate of $13.586 per hour, in addition to applicable Individual Account Plan percentage
contributions.
Pursuant to the terms of the MPI Trust Agreements, and based on an actuarial evaluation, MPI’s
Board of Directors have determined that the contribution rate to the Active and Retiree Health Plans
and to the Pension Plan shall be adjusted as follows:
Active Health:
Retiree Health:
Pension Plan:
from $7.975 to $8.415 per hour
from $1.790 to $1.960 per hour
from $3.821 to $4.073 per hour
Effective March 26, 2017, the new total composite rate will be $14.448 per hour.
A new Rate Group 43 Contribution Reporting Form may be downloaded from MPI’s website at
www.mpiphp.org. Please do not submit reports with the new rates for hours worked prior to March
26, 2017.
Please note that the above rates do not apply to Employers which have made Supplemental Markets
payments in excess of $15,000,000 over a three-year period. Accordingly, this rate change does not
apply to these Employers or their related entities.
If you have any questions, please contact the Employer Contracts Department at
[email protected] or at (818) 769-0007, extension 478.
cc:
Local 600, East & Central Region
Local 700, East
Local 52
Local 161
Local 817
IATSE
AMPTP
AICP
HIFA
11365 VENTURA BOULEVARD • STUDIO CITY, CALIFORNIA 91604-3148
MAILING ADDRESS: P.O. BOX 1999 • STUDIO CITY, CALIFORNIA 91614-0999
818 OR 310.769.0007 • FAX: 818.508.4714
WWW.MPIPHP.ORG