SAG-Producers Pension Plan SPD & Benefits

Summary Plan Description (SPD)

Download the full Pension Summary Plan Description. 

To All Participants:

We are pleased to provide you with this edition of the Summary Plan Description booklet that explains the benefits of your Pension Plan in effect as of July 1, 2013. 

Please review this booklet carefully. The Pension Plan is very complicated, and although we have tried to explain the Plan provisions as clearly as possible, it is likely that you will have questions after reading this booklet. You may call or write the Plan Office for answers to any questions you may have about the Plan and how any rule affects you and your beneficiaries.

This booklet explains the Pension Plan in effect as of July 1, 2013. If the facts and circumstances of a particular situation must be considered for a time before July 1, 2013, the provisions of the Plan in effect at the relevant date must be applied. Those provisions may be different from the current Plan as contained in this booklet. For your protection, only the Board of Trustees is authorized to interpret the Plan. Information you may receive from the Union or Producers or their representatives cannot alter or bind the Plan. Official information about your rights under the Plan must be communicated to you, in writing, and signed on behalf of the Board of Trustees.

We invite you to visit the Plan's website. There you will find this entire booklet plus other information about the Plan including Take 2 Newsletters and supplemental plan information. If you register for a password, you can also estimate the amount of pension you may be entitled to receive now or in the future. You can also project earnings to see how that may affect your pension amount. You can also sign-up for e-Communications which enables you to receive certain Plan documents, such as the Take 2 Newsletter, Summary Plan Description and Annual Summary of Earnings via e-mail instead of on paper in the mail. Please remember you must keep the Plan Office informed of any change in your mailing address. This will ensure that you receive all communications. You must also keep the Plan Office informed of any change in your marital status or beneficiary designation.

The Pension Plan has been providing retirement benefits to participant and their families and beneficiaries for over 50 years. We are proud of the growth and success of the Pension Plan and believe it will continue to provide a significant measure of security to you and your beneficiaries for many years to come.

Sincerely,


Board of Trustees