Contract Negotiations for IATSE Benefit Plans Continue Amid Funding Shortfall
Los Angeles, California – The International Alliance of Theatrical Stage Employees (IATSE) wrapped up its first week of negotiations on a new contract. The focus of the discussions was primarily on the union’s benefit plans, which are facing a substantial $670 million shortfall over the next three years. This funding gap is largely attributed to the extended health coverage provided to members who were out of work due to the strikes and pandemic-related shutdowns, leaving …