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MOTION PICTURE INDUSTRY PENSION AND HEALTH PLANS RESOLUTION REGARDING MPI PLANS AS HOME PLAN WHEREAS, the Directors desire to permit side agreements that provide for contributions that would normally.

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How to fill out the Mpi Home Plan online

Filling out the Mpi Home Plan is a crucial step for employees wishing to ensure their contributions align with the Motion Picture Industry Pension and Health Plans. This guide will help you navigate the process seamlessly and provide clear instructions to complete the form efficiently.

Follow the steps to successfully complete the Mpi Home Plan online.

  1. Click ‘Get Form’ button to access the Mpi Home Plan document and open it in the online editor.
  2. Begin by filling in your personal information in the designated fields, including your name, Social Security number, address, email, and phone number. Ensure that all details are accurate and up to date.
  3. Next, provide information related to your employment by entering the production title, MPI local, and the employer's details. This part requires precise information to ensure correct processing.
  4. In the sideletter section, make sure to specify the name of the production company and the production city and state. This information is key to aligning your contribution correctly.
  5. Both the employee and employer must sign the document where indicated. Make sure that signatures are obtained where required, as this signifies agreement on the terms specified in the sideletter.
  6. Once all fields are filled out and signatures are collected, review the entire document for accuracy. It is essential to verify that all information is correct to avoid any processing delays.
  7. Finally, save the changes, and utilize the options to download, print, or share the Mpi Home Plan form as needed. Ensure that copies are submitted to both the Away Plan and the Motion Picture Industry Pension and Health Plans.

Complete your Mpi Home Plan online today to ensure your contributions are properly directed!

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The Motion Picture Industry Individual Account Plan is a defined contribution plan that provides participants with either a lump sum payment or a monthly benefit. It is completely Employer-funded and the amount of a participant's benefit will be their account balance at the time of retirement.

Your traditional pension plan is designed to provide you with a steady stream of income once you retire. That's why your pension benefits are normally paid in the form of lifetime monthly payments. Increasingly, employers are making available to their employees a one-time payment for all or a portion of their pension.

Pension plans require your employer to contribute money to your plan as you work. Once you retire, you earn the accrued pension money divided into monthly checks. In most cases, a formula determines the amount you receive. Some of the formula variables include your age, compensation and years of service to the company.

When members become eligible for their MPI plans they can choose between three different plan options— a Preferred Plan Organization (or PPO) administered through Anthem Blue Cross and two Health Maintenance Organization (or HMO) Plans provided by Health Net and Kaiser Permanente.

Today, the average private pension in the United States pays out $10,788 per beneficiary, annually. On average, other types of pensions, including government and military pensions, pay out higher benefits.

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