Motion Picture Industry Pension and Health Plans Names New Executive Administrative Director

STUDIO CITY, Calif.--(Business Wire)--
The Board of Trustees of the Motion Picture Industry Pension and Health Plans
(MPIPHP) today announced that David B. Wescoe will join the organization as its
executive administrative director effective December 1, 2009. He currently
serves the San Diego City Employees` Retirement System (SDCERS) as administrator
and chief executive officer.

Wescoe will transition into his new role over the next several months,
overlapping positions with Thomas A. Zimmerman, retiring executive
administrative director who will leave MPIPHP in June 2010. Zimmerman has served
the organization as its director since 1998.

Board Co-chair George A. Palazzo said, "David stood out in a very competitive
national field of highly-qualified candidates. Under his leadership and vision,
SDCERS has become a model of best practices for public pension plans across the
country in the areas of governance, finance, investments, information technology
and member services. We needed a person of that caliber to fill the shoes of Tom
Zimmerman who has provided exemplary leadership during his 11-year tenure. We
are very grateful that David is joining our team."

"I am honored to join MPIPHP," Wescoe comments. "Tom Zimmerman and the Board
have built a great organization that supports the financial security of the
dedicated employees in the motion picture industry. I look forward to the
opportunity to continue to build on this important work."

Wescoe has a law degree from Columbia Law School in New York and a comprehensive
background in finance and investment management. He was selected from a field of
top candidates presented by one of the world`s premier executive search firms,
Heidrick & Struggles.

The Motion Picture Industry Pension Plan, the Motion Picture Industry Individual
Account Plan, and the Motion Picture Industry Health Plan are three separate
multi-employer, multi-union, Taft-Hartley, labor/management trust funds governed
by ERISA. These multi-billion dollar entities were each established over 50
years ago by collective bargaining agreements between many of the unions and
employers in the motion picture production industry. Today, these trusts, which
include both defined benefit and defined contribution profit sharing plans, and
health and welfare benefits, are primarily supported by employer contributions.
Each is governed by a Board of Directors which equally represents the
participating unions and employers. Approximately 230 Plan employees administer
the benefits for over 121,000 Participants located on both the east and west
coasts of the United States, with offices in Studio City, Calif., and New York
City, N.Y.

SDCERS is a trust fund administered by the Board of Administration for three
plan sponsors: The City of San Diego, the San Diego Unified Port District and
the San Diego County Regional Airport Authority.

MPIPHP
Arlene Falk Withers
Chief Administrative and Legal Officer
818-769-0007
or
SDCERS
Rebecca Wilson
Chief of Staff
619-525-3630

Copyright Business Wire 2009