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  #1  
Old 09-26-2012, 12:12 PM
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Default NFL Game Officials' Pension Plan

The lockout is all about the pension plan. I found the 2010 actuarial information on the NFL Officials' Pension Plan on freeERISA.com. The defined benefit (DB) plan covers 118 referees and has a target normal cost of $2.1 million, or about $18,000 per referee per year. The NFL is proposing to freeze the DB plan and contribute $16,500 to a 401(k), with the contributions increasing to $22,000. The referees want to keep the DB plan.
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Old 09-26-2012, 12:28 PM
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What's the funding percentage? The Players Plan is awful.
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Old 09-26-2012, 12:34 PM
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The funded ratio is about 85% to 87%. The 2010 Schedule SB shows an actuarial value of assets of $64 million, a market value of $65 million, and liabilities of $75 million.
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Old 09-26-2012, 12:38 PM
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Seems like more than a few million in damage has already occurred, although they might actually get higher ratings now with people watching just to see what screw ups happen.
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Old 09-26-2012, 12:53 PM
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It's not that the plan is badly funded (80% reported). It's that the other teams don't have DB plans for their employees any more:
https://burypensions.wordpress.com/2...-off-pensions/

I couldn't find the NFL Players Plan so if anyone has the link please share.
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Old 09-26-2012, 01:18 PM
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Quote:
Originally Posted by jbken View Post
It's not that the plan is badly funded (80% reported). It's that the other teams don't have DB plans for their employees any more:
https://burypensions.wordpress.com/2...-off-pensions/

I couldn't find the NFL Players Plan so if anyone has the link please share.
NFL has several plans, but look at EIN 52-1061906 for players and 13-1922622 for Refs
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Old 09-26-2012, 02:26 PM
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Thank you Duffer. I found the NFL plan and here is the latest 5500:
http://burypensions.files.wordpress....fl-players.pdf

though according to the plan description it seems to be only for coaches and front office team employees. Around 80% as of 4/1/10 though with 4,712 active participants. Here is the NFL Officials 5500:
http://burypensions.files.wordpress....-officials.pdf

Last edited by jbken; 09-26-2012 at 02:46 PM..
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Old 10-11-2012, 01:20 PM
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Quote:
Originally Posted by jbken View Post
Thank you Duffer. I found the NFL plan and here is the latest 5500:
http://burypensions.files.wordpress....fl-players.pdf

though according to the plan description it seems to be only for coaches and front office team employees. Around 80% as of 4/1/10 though with 4,712 active participants. Here is the NFL Officials 5500:
http://burypensions.files.wordpress....-officials.pdf
I would think the players plan would be through the union.

On Free ERISA, this comes up when searching "National Football"

001 FEDERATION OF PROFESSIONAL ATHLETES RETIREMENT PLAN 2010
001 FEDERATION OF PROFESSIONAL ATHLETES RETIREMENT PLAN 2009
002 NFL PLAYERS ASSOCIATION MONEY PURCHASE PENSION PLAN AND TRUST 2010
002 NFL PLAYERS ASSOCIATION MONEY PURCHASE PENSION PLAN AND TRUST 2009
003 NFL PLAYERS, INC. PROFIT SHARING 401(K) PLAN AND TRUST 2010
003 NFL PLAYERS INC PROFIT SHARING 401K PLAN AND TRUST 2008
004 NFL PLAYERS ASSOCIATION DEFINED BENEFIT PLAN 2010
004 NFL PLAYERS ASSOCIATION DEFINED BENEFIT PLAN 2009
501 NFL PLAYERS ASSOCIATION VOLUNTARY EMPLOYEE BENEFIT TRUST 2010
501 NFL PLAYERS ASSOCIATION VOLUNTARY EMPLOYEE BENEFIT TRUST 2009
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Old 10-11-2012, 01:35 PM
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Players plan isn't super easy to find but it isn't hard either.
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Old 10-17-2012, 04:59 PM
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Quote:
Originally Posted by BG5150 View Post
I would think the players plan would be through the union.

On Free ERISA, this comes up when searching "National Football"

001 FEDERATION OF PROFESSIONAL ATHLETES RETIREMENT PLAN 2010
001 FEDERATION OF PROFESSIONAL ATHLETES RETIREMENT PLAN 2009
002 NFL PLAYERS ASSOCIATION MONEY PURCHASE PENSION PLAN AND TRUST 2010
002 NFL PLAYERS ASSOCIATION MONEY PURCHASE PENSION PLAN AND TRUST 2009
003 NFL PLAYERS, INC. PROFIT SHARING 401(K) PLAN AND TRUST 2010
003 NFL PLAYERS INC PROFIT SHARING 401K PLAN AND TRUST 2008
004 NFL PLAYERS ASSOCIATION DEFINED BENEFIT PLAN 2010
004 NFL PLAYERS ASSOCIATION DEFINED BENEFIT PLAN 2009
501 NFL PLAYERS ASSOCIATION VOLUNTARY EMPLOYEE BENEFIT TRUST 2010
501 NFL PLAYERS ASSOCIATION VOLUNTARY EMPLOYEE BENEFIT TRUST 2009
I don't think these are for the players either. Just directors of the NFLPA and whatnot.

But try the Bert Bell/Pete Rozelle NFL Player Retirement Plan - EIN 13-6043636
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