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September 27, 2012

NFL Referee Lockout Over

NFLThe NFL and the union representing the referees have reached a tentative agreement.  Although the ratification vote by the union won't occur until Friday and Saturday, the NFL is lifting the lockout--meaning that the regular refs will start for tonight's game.  The main sticking point involved the NFL's desire to convert pensions from defined benefit to defined contribution; the compromise was to keep things as is for five years, freeze that plan, then switch all new contributions to a defined contribution plan.

No telling how much all the public pressure influenced the negotiations, but it certainly didn't seem to hurt.  Along those lines, check out yesterday's op-ed by E.J. Dionne, which elaborates (far more eloquently) on my recent comment about the political issues involved with this labor dispute.

-JH

September 27, 2012 in Labor and Employment News | Permalink

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