Entertainment Contract Form Withdrawal
Description
How to fill out Entertainment Services Contract?
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FAQ
Ingly, for an employer that has an obligation to contribute for work performed in the entertainment industry, primarily on a project by project basis, a complete withdrawal only occurs if the employer continues to perform work in the jurisdiction of the Fund of the type for which contributions were previously ...
For construction industry plans and employers, section 4203(b)(2) of ERISA provides that a complete withdrawal occurs only if an employer ceases to have an obligation to contribute under a plan and the employer either continues to perform previously covered work in the jurisdiction of the collective bargaining ...
Under the building and construction industry exemption, an employer is deemed to have withdrawn from a plan only if it ceases to have an obligation to contribute to the plan, but continues to perform work of the type for which contributions were required in the trade and geographic jurisdiction of the collective ...
Under ERISA, the federal statute regulating employee benefit plans, an employer that has assumed an obligation to contribute to and subsequently withdraws from a multiemployer pension plan (MEPP) is liable for its allocable share of any underfunding.
The Trustees of the Plan have adopted the "Entertainment Industry Exception" such that withdrawal liability may not be assessed to certain employers unless that employer either continues to work in the industry on a non-union basis, or returns to work in the industry on a non-union basis within five years.