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Buffalo Bills suspend pension payments to employees

The Buffalo Bills have suspended pension plan payments to all employees — including coaches — during the NFL lockout and potentially the rest of the year.

By JOHN WAWROW, AP Sports Writer | Updated on May 25, 2011
Ralph Wilson Stadium, home of the Buffalo Bills is shown during the NFL football lockout in Orchard Park, N.Y., Thursday, May 5, 2011. (AP Photo/David Duprey)

BUFFALO, N.Y. (AP) — The Buffalo Bills have suspended pension plan payments to all employees — including coaches — during the NFL lockout and potentially the rest of the year, in addition to across-the-board paycuts that had been previously announced.

Chief executive officer Russ Brandon confirmed in an e-mail to The Associated Press on Tuesday that the Bills had stopped paying into the 401K plan for the duration of the lockout and “will decide at a later date whether to reinstate them for 2011 based on our financial performance.” Brandon said all employees had been notified early on that the plan was being amended so that all team contributions would be discretionary for this year.

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