The MLB Player Resource Center is for current or former Major or Minor League players, their families, Club officials and the Commissioner's Office. Credential-stuffing attack compromises fast food chain Chick-fil-A customers loyalty accounts. Stalled talks cased the first wide spread work stoppage during a baseball season, as the spring training strike drifted into the regular season. As such, the impacted data was limited to patient names, addresses, dates of birth, and certain health data. This is an exhilarating and rewarding accomplishment. However, the investment earnings on your post-tax contributions are subject to the same tax treatment as your pre-tax contributions and investment earnings on those contributions. However, these generous benefits have not always been available. NFL and NBA pensions don't kick in until after three years of service, and in the NHL it's two. Pension plan vesting and lifetime healthcare required four years of service. A new owners pension committee was formed in 1954 with John Galbreath, owner of the Pirates, and Greenberg, now general manager of the Indians. No affiliation or endorsement, express or implied, is provided by their use. Article. Negotiations in 1972 regarding the pension plan actually had an impact on who won the American League Eastern Division title. This pension plan covers MLB players, coaches, trainers and managers. Location. The pension plan has an extremely generous benefit formula by pension industry standards, providing the maximum benefit permissible under federal law of $90,000 per year (or 100 percent of the last seasons pay, if less) to a member with ten or more years of major league service. Facing a $2.3 million past-service cost in 1954 (the cost to fund pre-1947 service) the owners threatened to terminate the pension plan in an attempt to gain some leverage in negotiations with the newly-formed players union. Being called up to the big leagues is an achievement like no other. A $55 million pension contribution level resulted from the 1990 pension talks. However, the club's actual amount to be contributed is determined by the parties in the Basic Agreement. Using the sale of broadcasting rights to the World Series to fund the pension plan was an easy way out for the owners, as the money didnt come directly out of their pockets. To view it please enter your password below: Password: Contact the Benefit Plan Office: Toll-Free - (800) 669-2255 Canada/Caribbean - (844) 879-7810 International - (443) 977-4686 Fax - (844) 496-7360 Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. This action was dismissed in court the same day as the conclusion of the 1969 pension negotiations. The cyberattack was first detected on Nov. 9, 2021, prompting the launch of a forensics investigation with support from a third-party cybersecurity firm. Access beautifully interactive analysis and comparison tools. However, while this is an exciting time, you will soon be presented with paperwork to update direct deposit, tax withholdings, and elect a 401(k) contribution. Phoenix, AZ 85004 A second All-Star Game was approved in early May of 1959 and was hastily arranged to take place in Los Angeles in August, following the already scheduled July exhibition at Forbes Field in Pittsburgh. According to MLB Players Earn A Pension After Just 43 Days In The M. However, keep in mind that if you select both the max pre-tax and max post-tax contributions, you may overfund your 401(k). Total number of persons affected (including residents): 13,198; Total number of Maine residents affected: 15 When can you contribute $? This sum is payable to the player for his lifetime, and there are various contingencies for continuation of benefits to spouse and beneficiary after death. Get the latest injury updates, trade analysis, draft info and more from around the league. No further details are available, as AlixaRX has not publicly listed a notice on its website. $45.00 + $6.00 shipping. Employer Verified. The MLB grants its contributions to your account based on service time. More information has surfaced about the JDC Healthcare Management data theft incident, first reported earlier this month. They have a strong union and great benefits once they make it to the majors. May 11, 2017. In general, an MLB player's diet should be balanced and include plenty of fruits, vegetables, lean proteins, and healthy fats. We will be in touch soon. If youve got ten years of service, you get the maximum whether youre a superstar, a utility infielder or a bullpen coach. Major League Baseball Players Benefit Plan is located at 200 Public Sq in Cleveland and has been in the business of Pension And Retirement Plan Consultants since 2010. It only takes 43 days in the big leagues for MLB's pension to vest, and the minimum payout is $34,000 a year. Employer Verified. On April 1 players walked out of spring training camps and the strike spilled over into the regular season a baseball first to demonstrate dissatisfaction with the owners unwillingness to add fair cost-of-living increases to pension benefits. The provider is currently working to implement further safeguards, while reviewing its privacy and security policies and procedures and bolstering employee cybersecurity training. Read about the key findings and how your organization can Available to US-based employees Change location. Largest Programs MAJOR LEAGUE BASEBALL PLAYERS WELFARE PLAN reported its largest program on its FY 2020 Form 990 as: $0 Spent in most recent FY Not applicable Percent of program expenses It was an unpleasant, but relatively insignificant affair, caused by the owners refusal to arbitrate a minor pension issue, as Angell put it. Lewis was able to negotiate a compromise to have 60 percent of the national radio-TV revenue from both the World Series and All-Star Game go towards the pension plan with the past-service costs being paid by the end of 1955. In 2010, the MLB Players Pension Plan reported assets of over $1.3 billion for approximately 8,200 participants. The information contained herein is proprietary and confidential. Annually, players must fill out an enrollment form to set up their annual contributions. No healthcare. After this date, a player with one day of credited service with a Major League club during a championship season is eligible to participate in the Investment Plan. Its not their money.. Today, it is an understatement to say that the Major League Players Association has been very successful in its collective bargaining endeavors for pension benefits with the owners of the major league baseball teams. But you were! Type. Major League Baseball Players Pension Plan/The - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene,. Playing just one single day in MLB gets them full health care coverage for the rest of their lives. You agree not to use, distribute or share any of the information on this website publicly or with any third-party groups without the express written consent of Major League Baseball. Register now to join us on March 10-12, 2023, in Phoenix, AZ. More than 200 of the leagues prospects participated in a program called Prospects & Expectations, an initiative through MLBs Player Programs group at the Commissioners Office. This is akin to having factory tours and suppliers fund employee pensions rather than the employer. Change location. Now a ten-year player received roughly $500 per month at age 50, or just under $1,300 per month if he waited until age 65 to collect. MLB Pension By mutual consent, the second game was shelved after the 1962 season, with the owners agreeing to devote to the pension fund 95 percent instead of 60 percent of the gate and TV revenue from the All-Star Game. CNT stressed that the hacked folder did not contain SSNs, drivers licenses, IDs, or any finance-related data. Baseball players create an even bigger administration challenge-keeping track of major league service. Fr ed Hutchinson and Marty Marion appeared at an owners meeting during the 1950 World Series to make some inquiries about the pension plan. Try a. In 1975, as the designated permanent arbitrator under the basic agreement between Major League Baseball and the Major League Baseball Players Association, the parties asked Seitz to resolve a dispute concerning the interpretation and application of baseball's reserve system. Possible after program, How to start a new life when the dream of baseball ends. Sponsored. (Chandlers negotiating skills apparently could have used some strengthening, though, as Gillette reportedly turned around and cut deals with the Mutual Broadcasting System and BC for the TV and radio broadcasts to gamer it a profit on the $1 million it had paid Chandler.). After securing the systems, Wheeling Health engaged with an outside data breach remediation firm to investigate and decrypt, recover, and rebuild our systems. The team also reset all end user passwords. The Unwritten Rules. The players who are selected to participate in the Program are regarded as Major League prospects that are likely to be selected or recalled during some part of the upcoming season. There are no details about when it was first discovered. The second conceptual change that Miller brought into play was the scrapping of the 60/40 split of the radio-TV revenue from the World Series and All-Star Games. After 43 days, players qualify for the minimum benefit of $34,000 per year and those with 10 years of service receive a pension of approximately $100,000 annually. }, Cronkite School at ASU The IRS and U.S. government desired to incentivize taxpayers to save. The Diamond 9, Shield and MLB Players Choice logos shown below and the MLB PLAYERS, MAJOR LEAGUE BASEBALL PLAYERS ASSOCIATION, MLBPA, PLAYERS TRUST, PLAYERS CHOICE and INFIELD CHATTER marks are intellectual property owned by the MLBPA. 3.7. Contact the Major League Baseball Players Association for more information. Double-A: Up to $600 from $350. See below for current year tax savings, assuming a 40% marginal tax rate: Note that any pre-tax contributions plus investment growth within the account from these contributions are taxed upon withdrawal during retirement. Pro baseball players spend a lot of time strengthening their core, which includes the trunk, gluteal, pelvic floor and leg muscles, says Dr. Luga Podesta, a sports medicine and regenerative. Income rose dramatically, though, to $70 million with the 1971 TV contract, and the owners balked at funding pension increases commensurate with this rise in TV money. Major League Baseball announced Monday that it will attempt to play a 60-game regular season, but its minor . Miller was an experienced labor negotiator, particularly in pensions, and he was the first permanent head of the MLPA. For example, the MLB 401(k) plan is a Traditional 401(k) plan. Initially, the benefit formula was set at $10 per month per year of service, payable at age 50. To help us better serve you and direct you to the appropriate resources, please complete the survey below: The MLB Player Resource Center is for current or former Major or Minor League players, their families, Club officials and the Commissioners Office. (Photo by Mitchell Leff/Getty Images). When Major League Baseball signed an exclusive agreement with New Era Caps to be the official on field team cap, MLB acted as the _____ and New Era is the _____. Follow your favorite teams. AWM Capital, LLC only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. VERIFIED Status: UNVERIFIED Address: UNVERIFIED Note: The absence of a rating does not indicate a positive or negative assessment; it only indicates that we have not yet evaluated this organization. Player Programs provide all current and former Major and Minor League players resources that support off-the-field development. Those two games in 1947 really paid off! Miller suspected that perhaps owners were monkeying with the allocation of revenue in the total radio-TV contract, slanting it towards Game of the Week telecasts, which went straight to the owners accounts, and shorting the share allocated to World Series and All-Star games, which went to the pension fund. This contribution level jumped dramatically with the 1985 pension negotiation following a brief two-day in-season strike primarily over the salary arbitration issue. For the Major League Baseball Players Benefits Plan Handbook and other Plan documents, click on "Plan Documents" on the bar above, and log in. Talk to the author about your MLB 401(k) questions: Congratulations on being called up to the big leagues! Try a low commitment monthly plan today. They balked at funding an implacable adversary like Miller. The investigation is ongoing, which may result in a subsequent notice to impacted individuals. Future contribution increases might be tougher to negotiate. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness With no success at the bargaining table, the players voted 663-10 to authorize a strike. Unlike most corporate pension programs, which typically gear pension levels to a members pay, baseballs plan is based strictly on service. Modem ballplayers tell us, Too bad, you should have invested better, fumed Wynn. The Bureau of Labor Statistics recently released its 2021 Census of Fatal Occupational Injuries. If you are into baseball, this job is particularly entertaining. Compare nonprofit financials to similar organizations. The 1972 strike did not even occur during the regular pension negotiations, which took place in 1973, when the owners agreed to kick in higher annual contributions of $6.15 million in 1973-74 and $6.45 million in 1975. While NJBS is still working through the data mining process, the investigation has so far concluded the attacker possibly accessed patient data amid the attack. $49.99. Copyright 2022 Athlete Wealth Management (AWM) is a division of AWM Capital, LLC a Registered Investment Advisor. Overall a fun experience. This cutoff date created a number of inequities for those long-service ballplayers lucky enough to procure a roster position. But there are 850 former players who retired between 1947 and 1980 with less than four years of service still without pensions or healthcare benefits. Phone: 602.496.1460 4. 2022 Investments & Wealth Institute, All images of people on this page are of employees or stock photos. See rating report below to learn why this organization is not currently eligible. Your use of this website constitutes acceptance of CyberRisk Alliance Privacy Policy and Terms & Conditions. Currently, there have been no reports of data leaks or attempted misuse. To a large degree the genealogy of escalating TV revenue to make possible Cansecos multi-million dollar contract begins with the establishment of the pension plan back in 1946. The company recently released a data incident notice, revealing that data in its Local 295 IBT Employer Group Welfare Fund and its Major League Baseball Players Benefit Plan had been breached and looted by cyber-criminals. We pick the managers and let them play., .avia-section.av-k6v62xgq-c0812a68936ee67ed4883eaa9d35be9b{ Learn about Major League Baseball (MLB) Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Major League Baseball (MLB) employees. CBS will be paying baseball just a shade under this for four years from 1990-93. Click here to search for this organization's Forms 990 on the IRS website (if any are available). In that time, they were able to steal health information belonging to plan participants and their family members. To be eligible for the original plan, you had to be a player or coach on a major league roster as of April 1, 1947 (managers werent included until later). Revenue and expense data is not available for this organization. Its not a pension fund, the New York Times reported Frick saying. The alleged Curse of the Bambino struck the Boston Red Sox once again that season as the Sox lost the American League Eastern Division title by a half game due to the uneven number of games played by each team. Arguably, Major League Baseball ("MLB") offers one of the best pension and healthcare programs in all of sports. The MLBPBP goes beyond this minimum benefit and provides a widow's benefit equal to 100 percent of the. In November 1953 when the U.S. Supreme Court ruled in Toolson vs. New York Yankees to uphold baseballs 1922 anti-trust exemption as a legal monopoly, successful bargaining with the owners was no longer assured. Threat actors exploited the networks of Horizon Actuarial Services in November, stealing the data belonging to the consulting services vendors and two client groups: Major League Baseball Players Benefit Plan and Local 295 IBT Employer Group Welfare Fund. Salary and ability to advance are major concerns. Firm name (if different than entity): Major League Baseball Players Benefit Plan; Telephone Number: 2159635710; Email Address: ezra.church@morganlewis.com; Relationship to entity whose information was compromised: vendor; Breach Information. There was only one problem with this tactic the owners refused to talk to Lewis! There are no material conflicts of interest. By accessing the MLB Player Resource Center, you acknowledge that you are either a current or former Major or Minor League player, or a family member of a current or former Major or Minor League player, a Club official or a staff member of the Commissioners Office. Request Profile Update Download Data $4,431,001,373 Assets Home Profiles Major League Baseball Players Benefits Plan Handbook Home Plan Documents Plan Documents This content is password protected. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. You are always 100% vested for all types of contributions made to your account. Horizon Actuarial Services data theft impacts MLB Players Benefit Plan members Jessica Davis March 25, 2022 Threat actors exploited Horizon Actuarial Services networks, whose clients. You may be asking, "if I get all these tax benefits, what is the catch?" 3 min read. Current Assets for MLBPA is $4,431,001,373 and SWFI has 4 periods of historical assets available for CSV Export. This browser is out of date so some features on this site might break. The maximum is up to $102,582 from the highly publicized $90,000 level of 1985. All material subject to strictly enforced copyright laws. This material may not be published, broadcast, rewritten or redistributed Changes were retroactive for all past service under the plan. You receive tax delayed investment growth within the account. According to The New York Times, MLB and the Players Association recently agreed to provide payments to these former players. Major League Baseball and the players union on Thursday reached a deal on a new collective bargaining agreement, ending the first league work stoppage since the players went . Please refresh the page However, the games net proceeds of $46,000 including $5,000 in radio rights paid by CBS went to the Association of Baseball Players of America to help indigent players who had found them selves without resources in those trying days of the Great Depression. loading and try your donation again. We recognize that not all metrics and beacons equally predict a charitys success. 212.826.0809 (MLB Players, Inc.) feedback@mlbpa.org MLB teams published great-looking photos and videos that stop people from scrolling further. Horizon has reported that the breached affected 38,418 individuals. Contact SABR, LnRiLWZpZWxke21hcmdpbi1ib3R0b206MC43NmVtfS50Yi1maWVsZC0tbGVmdHt0ZXh0LWFsaWduOmxlZnR9LnRiLWZpZWxkLS1jZW50ZXJ7dGV4dC1hbGlnbjpjZW50ZXJ9LnRiLWZpZWxkLS1yaWdodHt0ZXh0LWFsaWduOnJpZ2h0fS50Yi1maWVsZF9fc2t5cGVfcHJldmlld3twYWRkaW5nOjEwcHggMjBweDtib3JkZXItcmFkaXVzOjNweDtjb2xvcjojZmZmO2JhY2tncm91bmQ6IzAwYWZlZTtkaXNwbGF5OmlubGluZS1ibG9ja311bC5nbGlkZV9fc2xpZGVze21hcmdpbjowfQ==, 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, https://sabr.org/wp-content/uploads/2020/03/research-collection4_350x300.jpg, /wp-content/uploads/2020/02/sabr_logo.png, A Home Run by Any Measure: The Baseball Players Pension Plan. Lewis did get in to a December 1953 owners meeting in Atlanta, but reported the owners response on the pension accounting issue as what business is it of the players? Argentina Australia Belgi (Nederlands) In 2002, three of these former players filed a class action lawsuit against MLB demanding pension benefits, but the suit was dismissed. This proved unpopular with the players, so in 1961 the two games were scheduled three weeks apart, in early and late July. On Nov. 12, the hacking group notified Horizon Actuarial in an email that theyd stolen copies of personal data from its servers. Donations may or may not be tax-deductible, SPARKSMD | IRS ruling year: 1979 | EIN: 13-6058836. Experts believe that with the coming 2020 season, the league will focus on improving their Youtube accounts. New Jersey Brain and Spine recently notified 92,453 patients that their data was likely accessed during a ransomware attack deployed in November. CNT is a health network made up of over 36 provider offices based in Wichita Falls, Texas. On June 14, 1982, the Clubs filed an action (entitled Baltimore Orioles, Inc. v. Major League Baseball Players Association, No. The choice of Murphy and Walker could be construed as meeting the committees needs. Players could participate in the 401(k) plan if they were a member of the Investment Plan on March 31, 2012. Ability to assist in the appropriate rollover of pre-tax and post-tax contributions into an IRA or Roth IRA once retired. Once a player officially announces his retirement, he can "rollover" his current 401(k) plan into an IRA, Roth IRA, or another employer-sponsored 401(k). because the supply of talented major league baseball players is low relative to its demand compared to the supply of neurosurgeons. MORE MLB The man who finally beat Max Scherzer Mets quietly dump Adrian Gonzalez Vlad Jr.'s untimely injury The plan pays fully vested members a minimum of nearly $68,000 a year for those who. One example of such a beneficiary was reported by The Sporting News to be Joe Judge, who had played from 1915 to 1934 but returned from private business to be a coach for the Washington Senators for 16 months in 1945 and 1946. The All-Star Game has never returned to Boston in the 30 years since. And negotiations would get more dicey. The minimum spousal benefit required by law is a 50 percent survivor's annuity. Threat actors exploited Horizon Actuarial Services networks, whose clients include the Major League Baseball Players Benefit Plan. Carlos Pea shares why continuing your education matters, AFL prospects participate in development program, Former players, future GMs? CNT has since reset all administrator passwords, implemented two-factor authentication, and deployed end point detection and response and threat hunting tools to prevent a recurrence. (Elaine Thompson/AP) 3. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. No compensation was provided for any implied testimonial or endorsement. The voice of healthcare cybersecurity and policy for SC Media, CyberRisk Alliance, driving industry-specific coverage of what matters most to healthcare and continuing to build relationships with industry stakeholders. Certified Financial Planner Board of Standards Inc. (CFP Board) owns the certification marks CFP, CERTIFIED FINANCIAL PLANNER, CFP (with plaque design), and CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Boards initial and ongoing certification requirements. A ten-year player would now receive a $710 monthly pension at age 50. Baltimore Orioles, Inc., et al., Plaintiffs-appellees, v. Major League Baseball Players Association, a Labororganization and an Unincorporated Associationconsisting of the Major League Baseballplayers, Defendant-appellant, 805 F.2d 663 (7th Cir. After the contribution was worked out, benefit increases were computed later. Major League Baseball Players Pension Plan (MLBPA) is a Corporate Pension located in New York, NY United States, North America, and was founded in 1947. The compromised data could include names, SSNs, contact details, financial account details, debit or credit card information, drivers licenses, and medical information. in any form without prior authorization. The maximum pre-tax contribution players can make for 2022 is $20,500. Traditional plans have become increasingly rare in the U.S., and have largely been replaced by retirement options such. Notably, it appears the impact was contained to a folder stored within the impacted systems, signaling the use of encryption or proper segmentation. Larry MacPhail, president of the Yankees, was the key participant on the committee, along with team owners Phil Wrigley of the Cubs, Tom Yawkey of the Red Sox and Sam Breadon of the Cardinals. 1986) case opinion from the US Court of Appeals for the Seventh Circuit Miller offered to have the impasse submitted to binding arbitration to reach a settlement before the start of the regular season, but was rebuffed by the owners. Approaching its 30th anniversary, this off-the-field training and development Program is designed to help players who are on the verge of big league careers make informed decisions. These sums are tax-deductible by the owners as long as the pension plan continues to conform to a complex set of federal pension laws and regulations. Growth of pension plans was spurred by the 1949 Supreme Court decision in Inland Steel vs. National Labor Relations Board which mandated that employers bargain in good faith with unions over pension benefits. The pension contribution was about one-third of the $16.5 million the owners received in 1969 from NBC in TV revenue for the Game of the Week, All-Star Game and the World Series. The filing with the Texas AG reveals the theft which stemmed from a malware attack impacted more than 1.03 million Texans. Several recent healthcare security incidents were reported to the Texas and Massachusetts attorneys general. to try again. Athletes today are highly paid, creating a need for deferred compensation pro grams with high benefit levels. Errors are noted below: Thanks for reaching out. As your father shaved each morning with a Gillette safety razor and you watched the World Series in black & white on NBC-TV back in the 1950s, you probably never thought you were making it all possible for your favorite player to collect a pension check when he retired from baseball. Single-A: Up to $500 from $290. The Major League Baseball Players Benefit Plan might appear to be a less lively topic than the $23.5 million contract for Jose Cansecos services with the Oakland As (and now the Texas Rangers). Texas-based AlixaRX informed the Texas AG of a data security breach that impacted the names, addresses, SSNs, health data, and health insurance information of an undisclosed number of patients. Five years minimum service was required to be eligible for a pension, and as now a maximum of ten years was to be taken into account for calculating the pension amount.
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