DGA Monthly

N O V E M B E R 2 0 2 0 I 3 Free CVS Flu Shot Vouchers for Members Not Covered by the DGA Health Plan On October 6, Directors Guild Foundation (DGF) Chairman Todd Holland announced that the Foundation has partnered with CVS to provide free flu shots through a new voucher program for DGA members not covered by the DGA-Producer Pension and Health Plans. "A critical flu season is upon us," said Holland. "In past years, the Foundation was a proud partner at the DGA Plans' Health Fairs on both coasts – offering free flu shots to members not covered by the Plan. This year, the Guild is unable to host Health Fairs due to COVID-19 restrictions. But there are free and convenient flu shot options still available to everyone." For members who are not covered by the Plan, the DGF's CVS voucher program is covering up to $50,000 of flu shot vouchers for non- covered members. Members must send an email to: FoundationVouchers@dga.org by November 6, 2020 to register for a CVS flu shot voucher. The email subject line should say: Flu Shot Voucher Request – [Your Name] [Your Member Number]. In the body of the email, confirm that you are not a participant in the DGA Health Plan. A voucher for one free CVS Pharmacy flu shot will be emailed back to you within 1-2 business days and can be redeemed at a CVS Pharmacy near you. If you are a participant in the DGA Health Plan, flu shots are already 100% covered through your choice of numerous network providers and pharmacies, please do not register for a voucher. Please note: One voucher per member, valid in the U.S. only. Vouchers will be provided on a first-come first-served basis up to the amount of the Foundation's donation. For more information about the DGF, please visit www.dga.org/Foundation See the full loan terms and additional information about how to apply on the Plans' website: www.dgaplans.org. Exclusions Loans will not be permitted for: • Participants whose Supplemental Plan accounts are subject to a qualified domestic relations order (QDRO), unless such QDRO is a separate interest QDRO, and the participant's and alternate payee's accounts have been segregated. As part of ongoing relief efforts for members experiencing financial hardship during the COVID-19 crisis, on October 7, it was announced that the Directors Guild of America – Producer Pension and Health Plans unanimously voted to increase the limits of temporary loans from participants' Supplemental Plan balances as follows: • Participants are now allowed up to 4 outstanding loans at one time (increased from 2). • The maximum combined loan amount has been amended to the lesser of: • $40,000 (increased from $20,000), or • 20% of your total Supplemental Plan Account Balance (unchanged). Before applying for a loan, participants are encouraged to seek alternative means of support in order to preserve your retirement funds to the extent possible and ensure the availability of adequate financial resources during your later years. Other options may include bank loans or other emergency resources, including those provided by the various relief funds available to entertainment industry workers. Summary of Key Loan Terms • Loan amount is limited to the lesser of $40,000 or 20% of your account balance. • Minimum loan amount is $1,000. • Loan amounts will be permitted only from the vested portion of your account balance. • Interest rate for every loan is set at prime plus 1% and is fixed for the life of the loan. • Up to four (4) outstanding loans (not to exceed $40,000 in total) will be allowed at any time during the loan availability period. • Loan repayments must be made quarterly, beginning with the first full quarter following the quarter in which the loan is distributed. • Loan must be fully repaid within 5 years, and can be repaid in full at any time without penalty. • For married participants, spousal consent will be required for loans of $5,000 or more. Expanded Assistance for DGA Members

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