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Virtual signups for Backstretch Pension Plan now available
The Maryland Thoroughbred Horsemen’s Association on May 12 held an informational webinar to explain virtual signups for the Maryland Backstretch Pension Plan, which are now available.
Given physical distancing requirements issued by state government because of coronavirus (COVID-19), the customary in-person signups at Laurel Park, Pimlico Race Course and the Fair Hill Training Center cannot be scheduled before the July 1 deadline for submittal of pension documents.
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At its September 9 open Board meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors voted unanimously to increase the purse allocation for finishers from 6th place through last in overnight races. The payout, which had been fixed at $300 since April 2022, will now rise to $500, effective immediately.
Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.
