Tampa Bay Times Requests Waiver from Pension Payment in 2012

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By: Julie Moos | Poynter.org

The Tampa Bay Times is asking the IRS to waive the newspaper’s 2012 payment into the pension fund, which currently has enough money to pay benefits for 11 years. The request to suspend pension contributions is “very common,” says Poynter media business analyst Rick Edmonds, and not just in the newspaper industry.

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