A pension plan for Major League Baseball is agreed on, with players to receive $5.45 million per year.

On February 25, 1969 ā€” A pension plan for Major League Baseball is agreed on, with players to receive $5.45 million per year. They also get a percentage of television revenues, a reduction in the years necessary to qualify for a pension from five to four (retroactive to 1959), and a lowered minimum age for drawing a pension from 50 to 45.

Ā 

Daily Rewind - Baseball History delivered daily

* indicates required

Baseball is the only game you can watch on the radio. Join the community today and listen to hundreds of broadcasts from baseballā€™s golden age.

Lets go! Start listening!

Start Listening today!
Share the Post:

Related Posts

Load More
Start Listieng to Classic Baseball Broadcasts (1934 - 1973)

Start Listieng to Classic Baseball Broadcasts (1934 - 1973)

Enjoy our free trial and start listening to games, interviews and shows! Ruth, Mantle, Aaron, and Seaver!

$9.99/month
$99/year
class="wp-singular post-template-default single single-post postid-135647 single-format-standard wp-custom-logo wp-embed-responsive wp-theme-kadence wp-child-theme-kadence-child logged-out footer-on-bottom hide-focus-outline link-style-standard content-title-style-normal content-width-normal content-style-unboxed content-vertical-padding-show non-transparent-header mobile-non-transparent-header kadence-elementor-colors elementor-default elementor-kit-193430 elementor-page-193959"