Employer Pension Contributions for Work Produced for Programs other than News, Sports, Operations, Local and Documentary under the Network Agreement Increased from 8.5% to 8.75% Effective July 1, 2025

Effective July 1, 2025, pension contributions for employers signatory to the Network Agreement for programs other than News, Sports, Operations, Local and Documentary (i.e., Network Entertainment) will increase by 0.25%. This increase brings the Pension Plans’ employer contribution rate to 8.75% of compensation.

Effective July 1, 2025, changes to the allocation of the new 8.75% employer pension contribution rate between the Basic and Supplemental Plans are as follows:

• For the Basic Plan: 8.75% of compensation up to the first $20,000 (increased from 8.5%), and 6.55% of compensation between $20,000 and up to and including $150,000 (increased from 6.3%); and
• For the Supplemental Plan: 2.2% of all compensation in excess of $20,000 up to and including $150,000 (unchanged) and 8.75% of compensation above $150,000 (increased from 8.5%).

For more information on these changes, refer to the March 2025 Pension Plans Summary Plan Description and its updates.

Reminder: The information in this newsletter is provided for your convenience and does not modify the terms of the Pension Plans and the Health Plan.In the event of a conflict between those official Pension Plans and Health Plan documents and this newsletter, the terms of the official plan documents will control.