2nd Letter to NFL Pension Plan Administrator goes unanswered

I have not received an answer to the following letter. The Plan received it on July 13, 2006 but has not yet answered it. I'll post the answer when I receive it.


Sunday, July 09, 2006 (COPY FOR William V. Bidwill, Plan Trustee)

Retirement Board
Bert Bell/Pete Rozelle NFL Player Retirement Plan
200 St. Paul Place, Suite 2420
Baltimore, MD 21202-2040

Jeffery A. Van Note, Plan Administrator:

Are you aware that Plan actuary Aon Consulting settled a corruption probe by three states including New York, Connecticut and Illinois with $190 million of restitution? When did you become aware of Aon’s corruption problems?

If you are unaware of Aon’s and Aon’s CEO Patrick G Ryan a Chicago Bears owner’s problems you can view them on the Internet at the address below:

Here is a sample:
March 4, 2005
Aon Settles Corruption Probe with 3 States for $190 Million
Complaint Cites Involvement of Top Execs
The Insurance Journal
New York Attorney General Eliot Spitzer and Acting New York State Insurance Superintendent Howard Mills, together with Connecticut Attorney General Richard Blumenthal, Illinois Attorney General Lisa Madigan and Illinois Acting Director of Insurance Deirdre Manna, today announced an agreement with the nation’s second largest insurance brokerage to resolve allegations of fraud and anti-competitive practices.
Under the agreement, the Chicago-based Aon Corporation is providing $190 million over a 30-month period for restitution to policyholders and is adopting a new business model designed to avoid conflicts of interest. In addition, Aon’s Chairman and CEO, Patrick G. Ryan, will issue a public statement apologizing for Aon’s improper conduct according to the statement issued by Spitzer’s office.
“The underlying complaint in this case shows that improper conduct was pervasive at Aon,” Spitzer said. “To its credit, however, the company has acknowledged the problems, has agreed to compensate policyholders and has adopted reforms that will provide greater accountability in the future.”...
The agreement with Aon was modeled after an earlier agreement reached January 31 with the nation’s largest insurance broker, Marsh & McLennan Companies, for $850 million.
The Aon complaint cites the involvement of Ryan in efforts to increase placements with an insurance company in exchange for that company’s use of an Aon subsidiary (Aon Re) for reinsurance brokering.
The complaint also alleges that Michael O’Halleran, Ryan’s second-in-command, personally negotiated “clawback” arrangements in which Aon Re would provide insurers with discounts or rebates on its reinsurance commissions on the condition that Aon could recover or “claw back” these discounts through retail placements made with the same insurers....
The civil complaint filed today in State Supreme Court in Manhattan and the citation issued by the New York Insurance Department allege that for years Aon received special payments from insurance companies that were above and beyond normal sales commissions. These payments – known as “contingent commissions” – were characterized as compensation for “services to underwriters” but were, in fact, rewards for the business that Aon steered and allocated to the insurance companies.
Spitzer’s office and the Insurance Department have said they have uncovered evidence showing that the “practice distorts and corrupts the insurance marketplace and cheats insurance customers.”...
Spitzer’s complaint against the company cites internal communications in which top executives openly discussed these efforts to maximize Aon’s revenue and insurance companies’ revenues - without regard to Aon’s clients’ interests....
Spitzer’s office and the New York State Department of Insurance said they are continuing a broad investigation of the insurance industry. To date, 10 executives from four companies have pleaded guilty to criminal charges stemming from the probe.
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Aon Consulting Retirement Plan actuary pays $190 million to settle Corruption Cases in three states for practices that “cheat insurance customers.”

www.the-catbird-seat.net/Aon.htm


IMA-Kirk Wright’s NFLPA recommended investment company has numerous funds, hedge funds and others; are any of the Bert Bell/Pete Rozelle NFL Player Retirement Plan assets invested in any of IMA-Kirk Wright NFLPA recommended investment funds or other NFLPA recommended investment funds?

Steve Atwater vs. NFLPA (Kirk Wright-IMA $185 mil Investment scam recommended by the NFLPA)

http://wirepost.washpost.com/wires_test/rss.php?8097624


The Baltimore Sun article by Ken Murray

http://www.baltimoresun.com/sports/football/bal-sp.pensions02jul02,0,4652229.story?coll=bal-sports-headlines

Are you or any Plan trustees involved in any way in the NFLPA’s endowment trust called the Player Assistance Trust?

Doesn’t Chicago Bears owner Patrick Ryan being Aon’s CEO make Aon’s role as the Plan actuary a conflict of interest?

Is Tom Condon’s representation of Gene Upshaw as his personal agent and Condon’s being on the Retirement Board a conflict of interest with Condon’s trustees fiduciary role to the Plan beneficiaries, particularly since Upshaw has since 1/16/06 consistently displayed an open hostility toward the retired player Plan beneficiaries?

Are you aware of any government investigation of any phase of the Retirement Plan?
What are they?

Is the Retirement Board going to terminate Aon as the Plan actuary?

Please answer in writing.

Sincerely,




Bernard Parrish
A Plan Beneficiary
4129 NW 32nd StreetGainesville, FL 32605