I.A.T.S.E. Local 477
I.A.T.S.E. Local 477

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NBF Relief
Aug 08, 2023

IATSE NATIONAL HEALTH & WELFARE AND ANNUITY FUNDS: RELIEF FOR FUND PARTICIPANTS AFFECTED BY THE MOTION PICTURE/TELEVISION INDUSTRY STRIKES The Boards of Trustees of the IATSE National Health & Welfare and Annuity Funds (the "Funds") are aware of the job losses and resulting financial consequences for the Funds’ participants due to the current WGA and SAG/AFTRA strikes. The Boards have therefore adopted the following relief measures to assist participants whose work has been affected by the strikes.

This notice describes the relief and who is eligible. Please read the full notice for necessary information. In summary: Health Plan C: Eligible participants currently enrolled in Plan C whose CAPP account balance is not sufficient to cover their current coverage option will not have to copay to remain in coverage for the quarter beginning October 1, 2023. See requirements below. Annuity Plan: Eligible participants who are not currently working may take a distribution from their Annuity Fund account without the usual 6-month (or 2-month) waiting period. See requirements below. HEALTH PLAN C: RELIEF FOR COVERAGE OCTOBER 1 - DECEMBER 31, 2023 FOR PARTICIPANTS AFFECTED BY THE STRIKES Who is eligible: You are eligible for relief if: • you are enrolled in Health Plan C coverage for the quarter beginning July 1, 2023, • your work under one or more of the below motion picture/television contracts has been affected by the strikes, and you worked under one of those contracts for at least 5 days or 40 hours between January 1 and June 30, 2023, * and • you do not have a sufficient balance in your CAPP account to continue in your current coverage option for the quarter beginning October 1, 2023. * The applicable contracts include but are not limited to the following (you can call your Local Union office to ask what agreement(s) you worked under if you need that information): • Area Standards Agreement • Low Budget Theatrical Agreement • Pay Cable Agreements (e.g., HBO, Showtime, Starz, etc.) • New York Majors Agreements (Local 764, Local 798, USA 829, Local 52 and Local 161) • IATSE NBF Home Plan agreements • One-Off Agreements for individual motion picture and television productions (e.g., East Coast Council and other regional Area Standards Agreements, Multi-camera single production agreements, etc.) August 3, 2023 417 Fifth Avenue • 3rd Floor • New York, New York 10016-2204 • Main: 212-580-9092 • Toll-free: 1-800-456-FUND (3863) What relief is being offered: For those eligible for relief, the Fund will cover the difference between your CAPP balance and the CAPP charge for your current coverage option for the October 1 - December 31, 2023 coverage quarter. How the relief works: If you are eligible and your CAPP account balance is insufficient to cover the required CAPP charge for your current coverage option (determined when the CAPP statements are run in mid-August) for the quarter beginning October 1, 2023 and you meet the eligibility requirements described above, you are not required to submit any co-payment to continue in that option. Your October 1 statement will indicate if you are eligible for this relief. Unless you see a special message on your CAPP statement, you must make any required copayment or you will lose coverage on September 30, 2023. Contact the Fund Office if you think you are eligible but your statement does not have the special message. Note Regarding New Dependents - The usual Fund rules will apply regarding your ability to enroll a new dependent (e.g., birth or adoption of a child or marriage) for coverage during the quarter beginning October 1st, provided you notify the Fund timely (60 days from the event). If that event requires a change to family coverage (because you had single coverage), the relief will also cover the increase in cost for family coverage. Participation Termination: The relief described in this notice does not apply to those who incur a participation termination. If you experience a participation termination as of September 30, 2023, you will lose coverage as of that date unless you choose to continue coverage through COBRA. Look for Your CAPP Statement in Mid-August, Preferably on the Fund’s Website: Please watch your email for notification when the CAPP statements are available. We recommend that you register on the Fund’s website, www.iatsenbf.org, if you have not done so already. ANNUITY PLAN: NO WAITING PERIOD ON DISTRIBUTIONS FOR PARTICIPANTS OUT OF WORK DUE TO THE STRIKES: You are eligible to take a distribution from your Annuity Fund account due to termination of employment without the usual waiting period (six months without work for those younger than age 55, two months for those age 55 to 64) if you are currently out of work due to the WGA and SAG/AFTRA strikes and: • your work under a motion picture/television contract has been affected by the strikes, and you worked under one of those contracts within the 6-month period January 1 to June 30, 2023, • you are not currently working in any work covered by the Fund, and • your completed application is submitted to the Fund Office and postmarked by December 31, 2023. You will be required to complete a statement attesting to the fact that you meet the first two requirements listed above, in addition to the regular application requirements. Please allow at least three weeks for your application to be processed. For the most up-to-date information about the IATSE National Benefit Funds, we encourage you to register for the online portal (if you have not already done so) and check the Funds’ website, www.iatsenbf.org regularly. The Summary Plan Descriptions are also on the website. If you have further questions or would like to request a hard copy of the Funds’ Summary Plan Descriptions, please contact the Participant Services Department: Email: psc@iatsenbf.org, Phone: 212-580-9092 or 800-456-FUND (3863) (Toll Free outside of New York).

I.A.T.S.E. Local 477
4101 Ravenswood Road, Suite 108-109
Fort Lauderdale, Florida 33312

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