How to Retire on $277,686 per month (chart)

[Omaha Steve]

14. Qualifying for NFL pension a big deal for players

During the last NFL strike several players got a pension BTW.

http://savannahnow.com/adam-van-brimmer/2006-09-29/qualifying-nfl-pension-big-deal-players#

Posted: September 28, 2006 - 11:30pm

By Adam Van Brimmer

Snip: Williams became fully vested in the NFL's pension system by playing in Atlanta's loss to the New Orleans Saints. Players get credited for a full season after being on the active roster (or on injured reserve or the physically unable to perform list) in three games.

And Monday's game was Williams' third of the season.

Williams is now guaranteed to receive at least $1,275 per month in today's dollars from the NFL Players Association pension fund starting on his 55th birthday. And his benefit grows with each season he plays, as do other features of the NFL's retirement plan: A player is eligible for an annuity after his fourth NFL season, and the league's 401(K) plan matches $2 for every $1 contributed.

The 10-year veteran who retired in 1998 would receive $51,000 a year, according NFL Players Association Web site.

And: But for the lesser players - the ones whose careers are closer to the NFL average of 4.5 years - the pension is a foundation for future financial security.

FULL story at link.