Actors’ Equity has launched a $500K fund. (Photo: Walter McBride/Getty Images)

Members of Actors’ Equity, which includes actors and stage managers, has reached a deal with the Broadway League over salary payment during the shutdown.

The deal, communicated to select members Friday after days of negotiation between all theatrical unions and the League, will give Equity members on Broadway payment of up to 150% of the Broadway minimum salary for the week surrounding the theater closures. The members will receive the Broadway minimum salary for the weeks ending March 22 and March 29.

A spokesperson for Equity confirmed the terms of the deal to Broadway News.

The payment during those weeks include pension and 401(k) contributions. Health insurance payments will be made through April 12.

An announcement on other deals between the unions and the Broadway League is forthcoming.

Equity is still negotiating the payment agreement for touring productions.