SAG-AFTRA Board Approves 4-Year AMPTP Deal That Includes Merging Pension Funds

SAG-AFTRA‘s national board is recommending the guild’s latest contract with the major studios to its full membership for ratification.

The board “decisively” approved the deal, tentatively sealed earlier this month, on Monday, per the union. SAG-AFTRA did not specify how the vote shook out. Now, the membership will need to vote.

Among the provisions in the new TV/Theatrical agreement, the parties agreed to merge the SAG-Producers Pension Plan and AFTRA Retirement Fund with an additional 1% to the contribution rate effective on the target completion date of January 1, 2028. The agreement also bolsters AI protections, specifically around consent and compensation, and establishes minimum rate increases.

Related Stories

IATSE Reaches Deal For Crew On 'Beast Games' Season 3