Baseball pensions

[chicagowhitesox1173]

I was wondering if anyone knew how MLB pensions work. I always heard that a player has to have 10 years service in to recieve a pension but does that player get credit even if say he played in only 5 games in a given year?

I also was curious on how much does MLB pay a player per year for thier pensions. I'm guessing they recieve a pension until death too.

[EdTarbusz]

When the pension plan started a player had to have been a five year veteran to qualify. Currently I believe that a player has to appear in one Major League game to qualify for the pension plan.

In the 80s I worked for for a bank and saw posted checks for a Major Leaguer who had played for about a decade. His pension checks were for a pretty good amount.