What is aftra H&R?

AFTRA Health and Retirement Funds (AFTRA H&R)

What kind of insurance is SAG aftra?

Senior Performers are not losing their healthcare coverage; they will continue to have Medicare as their primary insurance, as they do today. Plus, they will receive a stipend under the new Health Reimbursement Account Plan to use for supplemental coverage of their choosing through Via Benefits.

Does the Screen Actors Guild have a pension plan?

How many participants are covered by the SAG-Producers Pension Plan? As of January 1, 2018, the total number of participants and beneficiaries covered by the Plan is 53,855. As of January 1, 2018, the SAG-Producers Pension Plan’s funding level is at 76.97%.

Does SAG Aftra have retirement?

Retiring. At age 65, which is the Plan’s Normal Retirement Age, you may begin receiving your pension without a reduction in benefits. If you retire before 65, your accrued monthly pension benefit will be reduced by . 25% for each month you are younger than 65.

How does the AFTRA pension work?

The Regular Pension is a monthly amount equal to the sum of the annual Prior Service Benefit plus the annual Current Service Benefit divided by 12. The Minimum Pension amount is based on the Five-Year Certain Form of payment and will be reduced if another form of payment is elected.

What are the benefits of being a SAG member?

SAG-AFTRA members are entitled to a variety of benefits, including contracts/collective bargaining, eligibility for the SAG-AFTRA Health Plan, SAG-Producers Pension Plan, the AFTRA Retirement Fund, the iActor online casting database, and much more.

How much is a SAG pension?

Table 1
Earnings Credit For Prior Service Annual Benefit for Each Year of Prior Service Credit
$ 0 to $ 2,500 8.23% of Earnings Credit
$ 2,501 to $ 5,000 $ 205.75 plus 7.60% of excess over $ 2,500
$ 5,001 to $ 7,500 $ 395.75 plus 5.08% of excess over $ 5,000

Do actors get health insurance?

In the industry, actors and other movie workers typically get insurance through their unions. But many say they don’t get enough hours or steady work as actors to meet the income requirements to apply. Actress Berg, who lives in Beverlywood, now pays a premium of $145 a month for her Blue Shield of California plan.

How much is the average SAG pension?

Average Earnings
The Benefit for Each Year of Current Service Credit is: The Benefit for Each Year of Current Service Credit is:
$2,501 to $5,000 $103.75 plus 3.83% of excess over $2,500
$5,001 to $30,000 $199.50 plus 2.92% of excess over $5,000
$30,001 to $50,000 $929.50 plus 1.65% of excess over $30,000

Do actors get retirement benefits?

Often, actors will have pensions from all three unions, and with Social Security, it can be enough to live on, Fowkes said. Actors’ Equity also recently launched a new 401(k) program for some actors who work on Broadway, in touring companies and for other groups, Fowkes said.

How much is the SAG pension?