Replacement refs and 401(k)s: Interesting perspectives
Is a victory for the referees a victory for defined benefits in America? Perhaps in this case, but not as a bigger picture, not at all.
By Andy Stonehouse|September 27, 2012 at 09:02 AM
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At the risk of dragging the issue just a little further than we might normally do, may I just briefly bring your attention to one last opinion related to the now-resolved NFL referees’ lockout and its strange interconnection to the world of retirement planning.
As we learned, the issue at the heart of the labor dispute came down to the refs’ retirement benefits, and their lack of interest in moving from a long-established and comfortable pension plan into the more tumultuous world of the 401(k), as had been offered as an alternative by the NFL.
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