Pirates temporarily suspend 401k benefits amid pandemic

Pirates temporarily suspend 401k benefits amid pandemic
PITTSBURGH (AP) — The Pittsburgh Pirates are suspending retirement benefits for members of the team’s baseball operations staff in an effort to cope with the economic fallout of the COVID-19 pandemic. General manager Ben Cherington says the team has been searching for ways to find savings with the 2020 season on hold indefinitely with much of the country locked down in hopes of stemming the spread of the virus. The temporary suspension of retirement benefits is part of an effort to avoid any potential personnel cutbacks.


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