Major League Baseball Players Annuity and Insurance Plan. To the Players, Coaches and Trainers of the Major Leagues of Professional Baseball Clubs: It is with much personal pleasure and with pride in the institution of Baseball in the United States that I am able to launch the Major League Baseball Players Annuity and Insurance Plan on what we all hope and expect will be a long and successful voyage. The benefits as described in this booklet will be insured under Group Contracts with The Equitable Life Assurance Society of the United States...Sincerely, A.B. Chandler, Commissioner.