Thursday, November 11, 2010

The Two Percent Solution

The Screen Actors Guild has wrapped negotiations on its animation contract:

... [M]embers will receive a 2% increase in pay in each of the three years of their contract. Studios also have agreed to increase by 10% the contributions they pay to the union's health and pension plan ...

Everybody seems to be getting 2/2/2 these days. On the other hand, pension and health plans (the high priority areas in the current environment) are getting sizable bumps.


Anonymous said...

...which computes to about only 2% health and pension increasing after factoring in QE2, QE3, QE4,etc, and absurd healthcare cost inflation.

We'll get our dollar, but it will be only worth a dime.

Anonymous said...

Pension schemes are unusual beasts, especially public ones. Please, old hippies, don't live too long. Die quicker or pick up a shovel already.

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