Wednesday, May 25, 2011

Report: Bills suspending employee pension plans

As the NFL lockout continues, the Bills have suspended pension plan payments to all employees, according to USA Today.

The pay stoppage, which comes on top of pay cuts that had already been made, includes coaches and will remain in place through the remainder of the lockout.

In an e-mail to The Associated Press, Bills chief executive officer Russ Brandon confirmed that the organization will no longer pay into the 410K plan.

The Bills have not laid off employees, but all workers have taken pay cuts.

 

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