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April 29, 2010 @ 2:59 pm
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Update Regarding Bucs' Pension Plan Situation

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On Wednesday, a report on the National Football Post discussed how the Tampa Bay Buccaneers have joined the Washington Redskins and other NFL teams with dropping the pension for football staff, including coaches.

Add the Washington Redskins and Tampa Bay Buccaneers to the group of NFL teams that have opted to back out of the league’s pension system for employees.

Source: National Football Post - Brad Biggs 

PewterReport.com's Take: According to league sources PewterReport.com spoke with regarding this situation, New England, Dallas, Washington and Indianapolis had already opted out of the league's pension system for its employees. Tampa Bay followed suit and many other NFL teams are beginning to follow. Who knows, the end result may be that all teams eventually opt out of the pension plan. The specific reasons for this may be unclear, but it appears as if it could become a league-wide phenomenon. The Bucs are hardly the lone wolf in this situation, nor are they the trailblazer.


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