Compensation, Retirement, & Insurance
09-27-2012 | 04:18 PM
#1
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From: Curator at Static Display
Compensation, Retirement, & Insurance
I think I'm in the wrong business. Details of the NFL refs' new contract:
The new 8-year agreement covers the 2012-2019 seasons and stipulates that current officials will retain their defined benefit plans until 2016 or until an official earns 20 years of service. Beginning in 2017, all officials and new hires will switch to 401(k) plans with an average current league contribution of $18,000 up to an average of $23,000 by 2019 In addition, compensation for officials will increase from an average of $149,000 a year in 2011 to $173,000 in 2013, up to $205,000 in 2019.
I wonder if anything like this is in the AIP?
The new 8-year agreement covers the 2012-2019 seasons and stipulates that current officials will retain their defined benefit plans until 2016 or until an official earns 20 years of service. Beginning in 2017, all officials and new hires will switch to 401(k) plans with an average current league contribution of $18,000 up to an average of $23,000 by 2019 In addition, compensation for officials will increase from an average of $149,000 a year in 2011 to $173,000 in 2013, up to $205,000 in 2019.
I wonder if anything like this is in the AIP?
09-28-2012 | 01:20 AM
#5
Gets Weekends Off
Joined: May 2010
Posts: 357
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From: Left - Dodge Caravan
Coto,
Sounds pretty good, but they do have to study all those rule books, wear uniforms, work as together as a team, make PA's, deal with angry co-workers, travel away from home, miss some weekends and holidays, work in all types of ugly weather, make tough on the spot decisions, have the responsibility to run the show, make the right call, and suffer pretty adverse consequences if it goes wrong...
Maybe these types of professions should have plenty of days off
SP
Sounds pretty good, but they do have to study all those rule books, wear uniforms, work as together as a team, make PA's, deal with angry co-workers, travel away from home, miss some weekends and holidays, work in all types of ugly weather, make tough on the spot decisions, have the responsibility to run the show, make the right call, and suffer pretty adverse consequences if it goes wrong...
Maybe these types of professions should have plenty of days off
SP
09-28-2012 | 01:36 AM
#6
Line Holder
Joined: Sep 2005
Posts: 1,383
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The key to the refs besides the fact that the replacements were not good is that they had Leverage! Everyone of them did not NEED to be a ref. They all have other careers. This is a side gig. I encourage all pilots to have other sources of income or opportunities available to them so that as a whole you have leverage. If you have other sources of income you have the power.
09-28-2012 | 03:49 AM
#7
CH46 Pilot to the Stars
Joined: Mar 2011
Posts: 61
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From: Furloughed
The key to the refs besides the fact that the replacements were not good is that they had Leverage! Everyone of them did not NEED to be a ref. They all have other careers. This is a side gig. I encourage all pilots to have other sources of income or opportunities available to them so that as a whole you have leverage. If you have other sources of income you have the power.
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