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What is the difference between the Form LS-1 and a music services contract?

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What is the difference between the Form LS-1 and a music services contract?

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A number of Locals have developed a “music services contract” that serves essentially the same purpose as the Form LS-1 – to permit the parties to a local single engagement to enter into one agreement covering both wages and pension. Because of the variations in music services contracts, the AFM-EPF has been placed in the untenable situation of individually reviewing every one of the hundreds of music services contracts that the AFM-EPF receives to ensure that it contains acceptable language. The AFM-EPF cannot continue to expend Plan monies to review each of these contracts. Accordingly, parties that have in the past used a music services contract for local single engagements should now use a Form LS-1. Effective January 1, 2003, local single engagements may be reported to the Fund only on a Form LS-1 or a Participation Agreement.

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