Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Tuesday, February 22, 2011

Industry News: Key Provision of the DGA 2011-14 Contract

While the new DGA contract waits for likely member ratification, these changes will impact our budgets:

* HEALTH PLAN. Employers will contribute an additional 1.5% of compensation to the Health Plan, for a total of 10%. Together with the 5.5% contributed to the Pension Plan, Employers will now be contributing 15.5% of total compensation to the Health and Pension Plans. ***** Employers will make contributions to the Health Plan on Vacation Pay and Completion of Assignment Pay. ***** The cap on Health Plan contributions for Unit Production Managers employed on theatrical motion pictures will increase from $250,000 to $350,000.

* WAGE INCREASE. The standard rate increase for minimum salaries and residuals bases will be 2% in each year of the contract.

* BASIC CABLE. A new, higher compensation tier will be established to compensate DGA Directors working on high-budget basic cable dramatic programming.

* TRAVEL. The DGA will have the same changes in its travel provisions as SAG and AFTRA.

* TERM. The agreement is for three years, from July 1, 2011 to June 30, 2014.


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A.
www.chicas-productions.com
Posted by Essentials by APA at 10:53 AM
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