This is big news for VFX artists (and most workers) in Ontario. I don't know of any VFX or animation companies that offer pensions or help when it comes to retirement planning. Here's the details of what the Liberals are going to table.
The article states you will have 1.9% of your salary automatically deducted from your pay. Your employer will have to match this amount. This goes into a fund, the government cannot dip into this when they need some cash, it's independent. The article gives the example that someone earning $45,000 would get $788 deducted per year, but stand to receive $25,000 per year when they retire.
I would need to know more details about how this works, but on principle I really like this idea. Most artists I know don't have a really well thought out retirement plan, so things like this could potentially be hugely beneficial.
This is where the Sony Hack really gets scary. A lot of VFX artists have been through Sony at one time or another and there's an excellent chance that their personal information is out there for anyone to abuse. It sucks that Sony is only offering ID protection to their current employees (not sure about their Canadian employees) since many former employees have had their information leaked as well. I'm sure there will be lawsuits about this for years to come.
All the news I could find on the Sony Hack, this is just from yesterday:
- Hackers Demand Sony Kills ‘The Interview’, Ex-Employees Demand Disclosure
- Victims of Sony Breach Left Fuming (Subscription Required)
- Don’t believe the hype: Sony hack not ‘unprecedented,’ experts say
- Sony Hackers Leak New Documents, Call for ‘The Interview’ to Be Pulled
- Maybe North Korea Didn’t Hack Sony Pictures
- Custom Sony Malware Indicates Previous Knowledge
- Even More Sony Pictures Data is Leaked: Scripts, Box Office Projections, and Brad Pitt’s Phone Number
- Sony Pictures Hack Exposes Hollywood Celebrities’ Secret Aliases
- FBI to Brief Sony Employees on Cybersecurity
- Did North Korea hack Sony? Probably Not
- Hackers sent extortion email to Sony executives 3 days before attack
- Hackers Demanded Monetary Compensation from Sony Before Cyber Attack
- Hackers tell Sony to halt the release of The Interview
- Sony Working to Remove Stolen Films From File-Sharing Sites
- Sony Pictures hacked: the full story
- The Sony hacking evidence points to North Korea, but it may not be enough
- Hackers Take Down Sony’s PlayStation Network
When you read this article, the lesson you learn is that you should always read letters you get from lawyers. Latest Animation Studios Antitrust Lawsuit Being Erased