Hollywood Unions to Jointly Negotiate Health and Pension Benefits
In a historic move, IATSE, Teamsters, and Basic Crafts will negotiate together with AMPTP for the first time since 1988.
- Hollywood's top crew unions, including IATSE, Teamsters Local 399, and the Basic Crafts unions, will jointly negotiate their health and pension plan benefits with the Alliance of Motion Picture and Television Producers (AMPTP) starting in March.
- This is the first time since 1988 that these unions have come together to negotiate these benefits.
- Following these joint benefit talks, IATSE will continue with negotiations for its Basic Agreement and its Area Standards Agreement, while Teamsters and the Basic Crafts are expected to begin their contract negotiations in June.
- The unions will be seeking increased retirement accrual rates and additional streaming-based funding mechanisms for their health and pension plans.
- The unions' negotiations constitute the next major labor battle for an industry that was buffeted in 2023 by two historic strikes from actors unionized with SAG-AFTRA and writers with the Writers Guild of America.