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re: Is Clyde retiring or something

Posted on 2/12/24 at 6:38 am to
Posted by LSUDonMCO
Orlando
Member since Dec 2003
6900 posts
Posted on 2/12/24 at 6:38 am to
I'm not sure if you vest year 4 or 5, but I think it's 5. SO he has to be on a roster next year to qualify for union retirement money, which is pretty nice nest egg.
Posted by captainpodnuh
Baton Rouge, LA
Member since Jan 2004
482 posts
Posted on 2/12/24 at 8:04 am to
quote:

I'm not sure if you vest year 4 or 5, but I think it's 5. SO he has to be on a roster next year to qualify for union retirement money, which is pretty nice nest egg.

It’s 3 full seasons to be fully vested.
LINK

“ The NFL pension is a Defined Benefit Plan, meaning the player’s retirement benefit is determined by a formula based on their years of service and their average salary. This formula is the same for all players, regardless of their team or position. The benefit is paid out in the form of a monthly pension, which the player will receive for the rest of their life.”
Posted by MikeTheTiger58
Greenwell Springs
Member since Apr 2012
579 posts
Posted on 2/14/24 at 6:20 pm to
I think It’s six years to vest
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