Tag: Major League Baseball

Opinion: Hundreds of retired Major League players denied pensions because of union error
Social Security Disability

Opinion: Hundreds of retired Major League players denied pensions because of union error

Biscuits pitcher J.D.
Martin talks about learning to be that rare pitching sight, a knuckleballer.
Stacy Long Six hundred forty four people who played Major League Baseball are being denied pensions by both the league and the union representing the current players, the Major League Baseball Players’ Association, because of a error the union committed 38 years ago.
In order to avert a threatened 1980 Memorial Day Weekend walkout by the players, MLB made the following sweetheart offer to union representatives: going forward, all a post-1980 player would need to be eligible to buy into the league’s premium health insurance plan was one game day of service; all a post-1980 player would need for a benefit allowance was 43 game days of service.
According to the IRS, a current MLB retiree can receive a pension of up to $220,000.
The pre-1980 players alive at the time were each awarded payments of $625 per quarter, up to 16 quarters, for every 43 game days of service the man had.
Even though Forbes recently reported that the current players’ pension and welfare fund is valued at $2.7 billion, MLBPA Executive Director Tony Clark — the first former player ever to serve as leader of the union — has never commented about these non-vested retirees, many of whom are filing for bankruptcy at advanced ages, having banks foreclose on their homes and are so sickly and poor that they cannot afford adequate health care coverage.
Patty Hilton lost her spouse only six months ago, on Sept. 17.
His widow perhaps put it best: the MLBPA “is a soul-crushing organization.” Unions are supposed to help hard working women and men in this country get a fair shake in life.
But the so-called MLBPA labor leader doesn’t seem to want to help anyone but himself — Clark receives a MLB pension and an annual salary of more than $2.1 million, including benefits, for being the head of the union.