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Musicians' Union Pension Plan Gets More Than a Billion Dollars in Federal Funds, Avoiding Insolvency by Caitlin Huston

The pension plan for the American Federation of Musicians and Employers is set to receive a $1.5 billion cash influx to save the plan from becoming insolvent.  The money comes as part of the American Rescue Plan, backed by Senate Majority Leader Chuck Schumer (D-NY), which was passed in 2021. The pension plan for the […]

SOURCE: The Hollywood Reporter at 12:32PM on July 17, 2024

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