Author - Mikael Elsila

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Our Pension Pain: AFM Pension Fund announces a recovery plan. But what does it mean for musicians?

Our Pension Pain: AFM Pension Fund announces a recovery plan. But what does it mean for musicians?

Apr 02 2010
Browse archives for April 02, 2010
Mikael Elsila
Mikael Elsila

Mikael Elsila is the editor, graphic designer and advertising manager for [i]Allegro[/i], the newspaper of the New York City musicians' union (AFM Local 802), where he has worked since 1998. He earned bachelor's and master's degrees in music from the University of Michigan, where he studied French horn, piano, improvisation and ethnomusicology. He has been a writer all of his life, and learned labor journalism from his father, who was a labor journalist for more than three decades. E-mail him at Allegro@Local802afm.org.

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The April issue of Allegro, New York City local 802’s monthly newspaper, focuses on the state of the AFM pension. Mikael Elsila, editor of Allegro, describes how the current economic situation impacts pension benefits for individual AFM members. He also explains how the fund works in terms of vesting, multipliers, employer responsibilities and how to get a pension forecast from the fund.

See the companion article by Harvey Mars, 802 member counsel, where he describes in detail but plain language the legal ramifications of the AFM-EP fund being in the red zone.

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