On 9/17/2012, reader Jonathan Gresl posted a comment to ask if I could write an overview of the differences between defined benefit and defined contribution retirement plans and how they interact with the field. That’s an excellent question and I’m happy to oblige.
It has been a long time since we examined issues related to same-sex and domestic partner relationships but a recent decision by the Musicians of the Minnesota Orchestra (MMO) to formally oppose a Minnesota state amendment which would constitutionally limit marriage to opposite-sex couples is a good reason to revisit the topic.
Although I don’t usually publish back to back articles linking out to posts elsewhere, there is another terrific contribution at Sticks And Drones you really need to read. But this one is from the blog’s co-author, conductor Ron Spigelman. His article addresses the enormously sensitive issue of pensions and ethical obligations.
The 12/1/2011 edition of the New York Times published an article by Dan Wakin and Mary Williams Walsh that examined the impact of the Philadelphia Orchestra’s (POA) withdrawal from the American Federation of Musicians and Employers Pension Fund (AFM-EPF). In case you’re coming into the situation without much knowledge, here are the highlights you need to get up to speed.
(UPDATE 3:18pm CT – agreement has been ratified) Details from the proposed, and confidential, master agreement between the Philadelphia Orchestra Association (POA) and their musicians are starting to leak to the surface. One of the items with the greatest impact for fallout is whether or not the POA remains in the American Federation of Musicians (AFM) and Employers Pension Fund. According to statements coming from the latter, it doesn’t look like that’s the case.