According to the newspaper, the missed contributions include:
- $456,185 for a plan covering Chicago’s newsroom employees,
- $284,581 for a plan covering Chicago office employees, and
- $63,063 for a plan covering Pioneer Newspaper employees in the suburbs.
“We have complied with all applicable laws in connection with our failure to make pension contributions,” a Sun-Times spokesperson told Crain’s.
At a Bankruptcy Court hearing this week, the Chicago-based media company tabled its proposal to pay executive bonuses until the company comes closer to finding a buyer, according to the report.
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