CHANGE IT THEY WON'T NOTICE

ILLEGALLY ALTERING THE NFL PLAYER RETIREMENT PLAN

Trust Agreement of the Bert Bell NFL Player Retirement Plan

Article 16 Miscellaneous

16.1 Under no circumstances shall any funds contributed to the Trust or the Insurer, or any assets of the Trust or funds on deposit with the Insurer ever revert to, or be used or enjoyed by, any Employer or the League, nor shall any funds or assets ever be used other than for the benefit of the Players, Vested Players, and Retired Players, and their beneficiaries. This section may not be altered or amended. This Plan shall be interpreted in a manner consistent with its being a qualified Plan as defined in 401(a) of the Internal Revenue Code of 1954.


Plan Document Bert Bell/Pete Rozelle NFL Player Retirement Plan

Article 11 Miscellaneous

11.1 Use of Assets. All amounts contributed to the Trust will be irrevocable contributions, and under no circumstances will any amounts contributed to the Trust, or any assets of the Trust ever revert to (except as provided by Section 3.3 overpayment), or be enjoyed by, an Employer or the League, nor will any assets ever be used other than for the benefit of the Players and their beneficiaries and the payment of reasonable Plan expenses. This Plan will be and continue to be operated in a manner so that it will be qualified under section 401(a) of the Code, or any successor to such section 401(a).


Analysis: Section 16 was moved to Section 11 and altered in violation of the clear terms of Section 16 not to alter or amend it.

Section 16 has been altered and $5.4 million of legal fees in two years are not “reasonable Plan expenses.” MLB’s reasonable plan legal expenses average $170,000 per year.

The huge multimillion dollar Retirement Plan legal bills paid to Groom Law Group are to defeat our fellow retired player beneficiaries in court who are trying to obtain their disability benefits.

I have not confirmed yet that Groom Law Group was responsible for illegally altering the Retirement Plan terms of Article 16, yet.