The SDC-League Pension and Health Funds are multi-employer Trust Funds, legally separate entities from each other and from the Stage Directors and Choreographers Society (“the Union”). The administration of the Funds is the responsibility of a joint Board of Trustees comprised of both Union and Employer Trustees, each having equal voting rights. With the advice of the Fund’s actuary and consultant, and the guidance of the Fund’s co-counsel and accountants, the Trustees have the responsibility for ensuring the fiscal soundness of the Fund, as well as providing the best possible benefits to you, the Participants. The Funds are multi-employer Plans that are maintained and operated according to collective bargaining agreements between contributing employers and SDC, subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).