The National Football League's pension plan provides a benefit credit to its players for each season that they play. Players are vested in the plan after they have played at least three credited seasons.Continue Reading
The NFL's current pension plan applies to players who have had at least one credited season since 1993. Each season credit that a player earns adds a certain amount to his eventual monthly pension payment. Players are credited for a full season if they are on the active roster, injured reserve or physically unable to perform (PUP) list for at least three games during the regular season. Players can begin receiving this monthly pension when they reach age 55.
The league also offers an annuity program to players who have completed at least four credited seasons. The contribution amount varies by season. Players can begin receiving this benefit at age 35 if they have been out of the league for at least five years and can opt for monthly or annual payments.
The NFL also offers a plan similar to a 401(k). The Second Career Savings Plan can match up to double the amount of player contributions, with an annual maximum of $24,000 to $28,000 depending on the calendar year. Players can begin participating in the savings plan after their second credited season.Learn more about American Football
For the 2014-2015 season, the minimum salary in the National Football League is $420,000 for a rookie. Salaries of NFL players can vary considerably. Highly valued players may earn in excess of one million dollars per year, and a few players even earn more than $10 million per year.Full Answer >
Ahead of the 2014 season, the National Football League made the decision to raise the full height of NFL goal posts from the traditional 30 feet to 35 feet. The height requirement was raised to make it easier for referees to determine whether a kick has gone through the uprights.Full Answer >
Going into the 2015 season, the Tampa Bay Buccaneers have the longest losing streak in National Football League history at 26 games. The Buccaneers, who entered the NFL in 1976 as an expansion team along with the Seattle Seahawks, lost the first 26 games that they played. The Buccaneers finally won their first game on December 11, 1977 when they defeated the New Orleans Saints on the road.Full Answer >
A National Football League playoff bracket consists of 12 slots for six teams from each conference, and teams are placed in their appropriate position based on the seeding that they received from their regular season record. Teams with the best records receive the highest seeding number.Full Answer >