Prior to 1980, players were vested in baseball’s pension plan after completing at least four years of service time. Since the 1980 season, all players are vested after just one day of service in the majors (as your service time increases, you get greater benefits).
Baseball and the MLBPA announced today that players who retired during the earlier period but had fewer than four years of service time will be getting retroactive benefits:
Players who retired between January 1, 1947 and January 1, 1980 with no retirement benefits for their Major League Service will receive an annual payment of up to $10,000, jointly funded by the Commissioner’s Office and the MLBPA. The collective bargaining parties have committed to these payments for an initial period of two years. Payments beyond the initial period will be discussed in collective bargaining.
That’s not a ton of money, but for the most part, guys who fell into that less-than-four-year hole didn’t make a lot of money either.
Regardless, it’s good to see Major League Baseball at least trying to take care of its own.
Nick Cafardo of the Boston Globe reports that the Nationals will ask to speak with Astros’ bench coach Alex Cora after the American League Championship Series concludes on Saturday. This comes on the heels of the news that club manager Dusty Baker will not be returning to the team in 2018.
Cora, 42, has some experience in the Nationals’ organization. He played for the Nats during his last big league stint in 2011, batting .224/.287/.276 through 91 games before announcing his retirement in the spring of 2012. Per Cafardo, he was also offered a player development gig with the club, but has not appeared in any kind of official role with them since his days as a major league infielder. While he’s been lauded for his leadership skills and strong clubhouse presence, he hasn’t acquired any managerial experience since his retirement, save for a handful of games with the Astros where he filled in for A.J. Hinch.
Despite the appeal of having a familiar face in the dugout, the Nationals aren’t the only ones eyeing Cora. The Astros’ coach has already interviewed with the Tigers, Mets and Red Sox this month. Boston appears to be the current favorite to land him and according to at least one source, may even announce his hiring in advance of the World Series next Tuesday.