IATSE Enters Key Stage of Contract Negotiations with AMPTP
The union aims to secure significant wage increases and bolster health and pension plans amid critical talks.
- IATSE's general negotiations with AMPTP focus on wage increases, AI protections, and enhanced health and pension funding.
- The union proposes to inject $670 million into the Motion Picture Industry Pension & Health Plans over three years.
- Negotiations also cover the establishment of a 401(k), increased penalties for rest periods, and improved sick leave policies.
- The talks follow smooth negotiations on craft-specific issues and are expected to be more complex, affecting all members.
- IATSE and other Hollywood Basic Crafts to regroup in June for further discussions on joint health and pension proposals.