Dignity After Football is the organization whose purpose is to help guide and resolve the problems found in the benefits, disabilities, and pension organization of the NFL.
Currently, Congress and the government action agencies are requiring the NFL to comply with resolving the benefits and pensions program that has serious flaws in their process to support disabled and retired players.


Aug. 2, 2009


NFL retirement Board simply "elects" to say there in NO problem, despite Federal standards

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Our NFL Bert Bell/PeteRozelle Retirement plan is at 53% of market value since 2008, and 64%  of actuarial value of assets.


Under federal law, a plan is "endangered" if below 80% and 'critical" if less than 65%  

However, our esteemed retirement board, who has played shenanigans w/ERISA laws in denying our disability claims, is now using (abusing?) something called WRERA and simply "voted" to proclaim the plan as neither endangered or critical....

hear no evil, see no evil...  

or, "let's pretend there is no problem, we are doing a GREAT job as the retirement board." no changes necessary...

In related news ,My wife and I now have "elected" that we do not owe the IRS AND TAXES..THERE, THAT WAS EASY!!!

----here below is the official NFL Benefits Funding report----


200 Saint Paul Street • Suite 2420 • Baltimore, Maryland 21202-2008


410-685-5069 • 800-638-3186 • Fax 410-783-0041

Bert Bell/Pete Rozelle NFL Player Retirement Plan

Annual Funding l'\otice and Special :\otice Required under the
"Worker. Retiree, and Employer Recowry _-\crof 2008

for the

Bert Bell Pete Rozelle NFL Player Retirement Plan


Federal law requires multiemployer deimed benefit pension plans to proyide an annual

funding notice. This is the funding notice of the Bert BelllPete Rozelle NFL Player

_Retirem~ntPlan (the "Retirement Plan"), Plan Number OQl, EIN 13-6Q43636. The_
address of the Plan Office is 200 S1.Paul Place, Suite 2420, Baltimore, MD 21202-2040,
and the telephone number is 1-800-638-3186.

This funding notice covers the Plan Year that began April I. 2008 and ended "\farch 31.
2009 (the "2008 Plan Year"). This notice also provides a summary of federal rules
goyeming multiemployer plans in reorganization and insolyent plans and benefit
payments guaranteed by the Pension Benefit Guaranty Corporation (PBGC). a federal

This notice also addresses, at page 4, the Plan Year that began on April 1, 2009 and ends
March 31, 2010 (the "2009 Plan Year"), as required by the Worker, Retiree, and
Employer Recovery Act of2008 ("WRERA"). Federal law requires that the Retirement
Board of the Plan provide notice of its decision to elect to maintain the funding status
from the 2008 Plan Year for the 2009 Plan Year as permitted under WRERA. This
election allows the Retirement Plan to operate as if it is neither in endangered status or
critical status, even though the Retirement Plan's funding percentage has decreased from
80.4% in 2008 to 64% based on the actuarial value of assets, and from 76% in 2008 to
53% in 2009 based on the market value of assets.

---------Funded Percentage

The funded percentage of a plan is a measure of how well that plan is funded. This
percentage is obtained by dividing a plan's assets by its liabilities on the valuation date
for the plan year. In general, the higher the percentage, the better funded the plan.

The Plan's funded percentage for the 2008 Plan Year and the two preceding Plan Years is
set forth in the chart below, along with a statement of the value of the Plan's assets and
liabilities for the same period. The values in the chart are actuarial values, not market



2008 Plan Year


2006 Plan
PlanPlan Year















The funding percentages reported on the 2006 and 2007 funding notices are different than
what is shown in the table above. The 2006 and 2007 funding notices reported the
current liability for the Retirement Plan. The current liability is the same as the liability
reported above except that the discount rate is different. The current liability and funded
percentage reported on the 2006 notice were $1,546,413,280 and 51.22%, respectively,
based on the actuarial value of assets. The current liability and funded percentage
reported on the 2007 notice were $1,758,353,094 and 62.99%, respectively, based on the

actuarial value of assets.

Fair Market Value of Assets

Market values tend to show a clearer picture of a plan's funded status as of a given point
in time. However, because market values can fluctuate daily based on factors in the
marketplace, such as changes in the stock market, pension law allows plans to use
actuarial values for funding purposes. As of Match 31, 2009, the fair market value of the
Plan's assets was $828,156,599. As of March 31, 2008, the fair market value of the
Plan's assets was $1,130,863,642. As of March 31,2007, the fair market value of the
Plan's assets was $1,107,560,866.

Participant Information

The total number of participants in the Plan as of the Plan's valuation date was 10,481.
Of this number, 2,118 were active participants, 3,207 were retired or separated from
service and receiving benefits, and 5,156 were retired or separated from service and

entitled to future benefits.

Funding & Investment Policies

The law requires that every pension plan have a procedure for establishing a funding
policy to carry out the plan objectives. A funding policy relates to the level of
contributions needed to pay for benefits promised under the Plan currently and over the
years. The funding policy of the Plan is set forth in the NFL Collective Bargaining


Agreement (the "CBA"), which generally provides that contributions will be made to the
Plan as actuarially determined to be necessary under actuarial assumptions and methods
set forth in the CBA and in the Plan.

Once money is contributed to the Plan, the money is inwsted by Plan officials called
fiduciaries. Specific inwstments are made in accordance ,..-ith the Plan' s inwstment
policy. Generally speaking, an investment policy is a wrinen statement that pro..-ides the
1Iduciaries who are responsible for Plan investments with guidelines or general
instructions concerning ..-arious types or categories of inwstment management decisions.
The Plan has retained a professional in..-estment ad..-isor to ad..-ise the Retirement Board
on asset allocation. manager selection, and other in..-estment policy issues. As
recommended by that professional investment manager, the Plan maintains the following

asset allocation:

Target Rebalancing Range


Large Cap Domestic Equity

Small Cap Domestic Equity
8% -'-/-3%


Mid Cap Domestic Equity
15% --5%

International Equity
Global Asset Allocation 11% --2°6
Fixed Income/Core Bonds 16.5% --3%
Diversified Fixed Income 8.5% -:-/-2<J~

Hedge Funds
6% +/-2%

Real Estate

In accordance with the Plan's investment policy, the Plan's assets were allocated among
the fo llowing categories of investments, as of the end of the 2008 Plan Year, These
allocations are percentages of total assets:

Asset Allocations

1. Interest-bearing cash
2. U.S. Government securities
u __ ~3_.C(}rporate debt instruments ()!herJ:han employer ~ecur.~i~~~ ~ _
Preferred 1.2

All other

4. Corporate stocks (other than employer securities):
Preferred 0.0
Common 19.9

5. Partnership/joint venture interests
6. Real estate (other than employer real property)
7. Loans (other than to participants)
8. Participant loans
9. Value of interest in common/collective trusts
10. Value of interest in pooled separate accounts
11. Value of interest in master trust investment accounts

12. Value of interest in 103-12 investment entities

13. Value of interest in registered investment companies (e.g.,
mutual funds) 37.4
14. Value of funds held in insurance co. general account
(unallocated contracts)

15. Employer-related
Employer Securities 0.0

Employer real property


16. Buildings and other property used in plan operation
17. Other
Critical or Endangered Status

1Jnder Federal pension la\v a plan generally \\-ill be considered to be in "endangered"
status if, at the beginning of the plan year, the funded percentage ofthe plan is less than
80 percent or in "critical" status if the percentage is less than 65 percent and the projected
contribution for the next seven years generally will not meet the minimum funding
requirements defined by the Internal Revenue Code. If a pension plan enters endangered
status, the trustees of the plan are required to adopt a funding improvement plan.
Similarly, if a pension plan enters critical status, the trustees of the plan are required to
adopt a rehabilitation plan. Rehabilitation and funding improvement plans establish steps
and benchmarks for pension plans to improve their funding status over a specified period

of time.

The Plan was not in endangered or critical status in the 2008 Plan Year and, pursuant to
the election below, is not required to adopt a funding improvement plan in 2009.

Notice Pursuant to Section 204 ofWRERA

The Retirement Board of the Plan, as Plan Sponsor, has made an election under section
204 of WRERA to treat the Plan as being neither in endangered nor critical status for the
2009 Plan Year. WRERA generally allows the Retirement Board to elect to maintain its
prior status (i.e., for the 2008 Plan Year) for the 2009 Plan Year. If the RetirernerrtBoardhad
not made this election, the Plan would be in endangered status for the 2009 Plan
Year, as certified by the Plan's actuary with a funded percentage of 64% on an actuarial
value basis and 53% on a market value basis. This election applies only to the 2009 Plan
Year and does not change the funded percentage of the plan. This election allows the
plan to avoid having to adopt a funding improvement plan as well as other administrative


If the Plan's actuary certifies that the Plan is in endangered or critical status for the Plan
Year beginning April 1, 2010 and ending March 31, 20 11 (the "2010 Plan Year"), the
Retirement Board will provide notice of the Plan's status (i.e., endangered or critical) for
the 2010 Plan Year, and steps will have to be taken to improve the Plan's funded
situation, which may include increases in contributions or reductions in future benefit



You mav obtain additional information about the election made b\-the Retirement Board


by writing to the Retirement Board at the address proyided below.

Events "ith :\Iaterial Effect on Assets or Liabilities

Federallaw requires trustees to provide in this notice a written explanation of eyents,
taking effect in the 2009 Plan Year, which are expected to haye a material effect on Plan
liabilities or assets. For the 2009 Plan Year, the Retirement Board is not aware of any
events that are expected to haye such an effect.

Right to Request a Copy of the Annual Report

A pension plan is required to file with the US Department of Labor an annual report (i.e.,
.. _.---FC5fffl--S500J containing~fffiID'lclaTIDiQo1:net~1ITformat1onabout

the pla:ti:Copies·ofthe
annual report are available from the US Department of Labor, Employee Benefits
Security Administration's Public Disclosure Room at 200 Constitution Avenue, NW,
Room N-1513, Washington, DC 20210, or by calling 202.693.8673. Or you may obtain a
copy of the Plan's annual report by making a ·written request to the Retirement Board at
the address provided below.

Summary of Rules Governing Plans in Reorganization and Insolvent Plans

Federal law has a number of special rules that apply to financially troubled
multiemployer plans. Under so-called "plan reorganization rules," a plan with adyerse
financial experience may need to increase required contributions and may, under certain
circumstances, reduce benefits that are not eligible for the PBGC's guarantee (generally,
benefits that have been in effect for less than 60 months). If a plan is in reorganization
status, it must provide notification that the plan is in reorganization status and that, if
contributions are not increased, accrued benefits under the plan may be reduced or an
excise tax may be imposed (or both). The law requires the plan to furnish this
notification to each contributing employer and the labor organization.

Dt;;::;pill:lhe"Speci-arplmrreorgmrizationTuk::;, a plan in reurgauizaliUInreverthetess-cmrtd
become insolvent. A plan is insolvent for a plan year if its available financial resources
are not sufficient to pay benefits when due for the plan year. An insolvent plan must
reduce benefit payments to the highest level that can be paid from the plan's available
financial resources. If such resources are not enough to pay benefits at a level specified
by law (see Benefit Payments Guaranteed by the PBGC, below), the plan must apply to
the PBGC for financial assistance. The PBGC, by law, will loan the plan the amount
necessary to pay benefits at the guaranteed level. Reduced benefits may be restored if the
plan's financial condition improves.

A plan that becomes insolvent must provide prompt notification of the insolvency to
participants and beneficiaries, contributing employers, labor unions representing
participants, and the PBGC. In addition, participants and beneficiaries also must receive


information regarding whether, and how, their benefits will be reduced or affected as a

result ofthe insolvency, including loss of a lump sum option. This information will be

provided for each year a Plan is insolvent.

Additional Explanation

The Retirement Plan is not in reorganization status or insolvent, nor is it expected to be in
reorganization status or become insolvent. As noted above, as a result of Federal law, all
multiemployer plans must provide this type of information and notice.

Benefit Payments Guaranteed by the PBGC

The maximum benefit that the PBGC guarantees is set by law. Only vested benefits are
guaranteed. In general, for the Retirement Plan, the PBGC guarantee equals a player's

r---~-----~---ue(meaSeasons multiplied by (1) 100% of the first Sll.OO of the monthly benefit
accrual rate and (2) 75% of the next $33.00. The PBGC's maximum monthly guarantee
limit is $35.75 per Credited Season. For example, the maximum monthly guarantee for a
retired player with 10 Credited Seasons would be $357.50.

The PBGC guarantees pension benefits payable at normal retirement age and some early

retirement benefits. In calculating a person's monthly payment, the PBGC will disregard

any benefit increases that were made under the plan within 60 months before the earlier

of the plan's termination or insolvency (or benefits that were in effect for less than 60

months at the time of termination or insolvency). Similarly, the PBGC does not

guarantee pre-retirement death benefits to a spouse or beneficiary (e.g., a qualified pre

retirement survivor annuity) if the participant dies after the plan terminates, benefits

above the normal retirement benefit, disability benefits not in pay status, or non-pension

benefits, such as health insurance, life insurance, death benefits, vacation pay, or

severance pay.

Where to Get More Information

For more information about this notice, you may contact the Retirement Board at the Plan
Office. Tneaddfessbfthe PlartOffice is 200 St.Paul Place, Suite 2420, Baltimore, MD
21202-2040, and the telephone number is 1-800-638-3186. For more information about

the PBGC and benefit guarantees, go to PBGC's web site, www.pbgc.gov, or call PBGC
toll-free at 1.800.400.7242 (TTY/TDD users may call the Federal relay service toll free at
1.800.877.8339 and ask to be connected to 1.800.400.7242).


MAY 2009V3.DOC



First Class
US Postage

~ NFL Player Benefits Paid


200 S1. Paul Place, Suite 2420

Timonium, MD

NFLBaltimore, 21202-2040

PlAYERS Maryland

Permit No. 90







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