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The Motion Picture Industry Pension and Health Plans are non-profit, multi-employer trust funds, established in the early 1950s by collective bargaining agreements between many of the employers in the Motion Picture Industry and various unions and guilds representing "behind the camera" employees in a variety of occupations. The Plans are governed by separate Boards of Directors whose members are appointed in equal numbers by participating unions and employers. The Plans are primarily funded by the Employers' contributions as provided by existing agreements. These contributions, until needed to pay insurance premiums or benefits, are invested with the advice of professional investment counsel. The Plans provide a variety of insurance plans to our Participants, including choices of medical and dental plans, prescription, vision, and life insurance. On the pension side, we administer both a traditional defined benefit plan and a defined contribution plan. Although maintained as separate legal entities, beginning in 1990, the Plans administratively merged to form the "Motion Picture Industry Pension and Health Plans." We currently have 240 employees at our primary location in Studio City, California and our office in New York City, NY. There are over 1,000 Employer members and more than 40 unions and guilds representing over 40,000 workers. MISSION STATEMENT The Plans exist to improve the quality of the lives of skilled professionals in the motion picture industry by enabling them to enjoy optimal health, and financial security during retirement years. VISION Our goal is to become one of the unquestioned national leaders in employee benefits and benefits administration across all industries. In furtherance of this goal, we provide high quality, cost effective benefits and timely, accurate, reliable and courteous service to our participants. We continuously strive to maximize the quality of benefits and services while minimizing plan office expense, so that we may provide the best over-all value to our participants. Moreover, we, each and every one of us, strive to do the right things right every day, every week, every year. VALUES HONESTY AND INTEGRITY - We are guided at all times by the highest ethical standards to "do the right thing" for, and to keep our commitments to, our participants and each other. DEDICATION TO EXCCELLENCE - We are never satisfied with the status quo, but constantly seek to be and remain the best of the best" by measurably improving every aspect of our performance RESPECT FOR THE INDIVIDUAL - We are a group of highly diverse human beings. We celebrate our differences, treat every individual with dignity, and seek out the unique gifts and contributions that each individual can bring to us. Further, we recognize that the work entrusted to us touches the personal and private lives of our participants, and that trust is of the utmost importance to us. OPEN COMMUNICATION - We communicate openly and honestly with each other and with our participants because we know that it is only by sharing the power of knowledge that we can achieve our mission. TEAMWORK and PERSONAL RESPONSIBILITY - We acknowledge that each of us plays a critical role in achieving our mission, and therefore are committed to mutual trust, working collaboratively, putting the needs of the team above individual needs, and to holding ourselves personally responsible to keep our commitments to the team. ENTHUSIASM/OPTIMISM - We believe that by working together and living our values, all things are possible, and our belief in these limitless possibilities is a source of great energy for the pursuit of our mission. |
