Hundreds of former McClatchy and Knight Ridder employees
were owed supplemental pensions amounting to more than $118 million at the end
of last year, papers filed in bankruptcy court say, McClatchy’s D.C. bureau
reported.
The company
made the names and totals owed public for the first time with the filing. The
company has not been paying the special pensions since it declared bankruptcy
in February.
Gary B.
Pruitt, McClatchy’s former chief executive, has the largest amount on the list,
at $14.5 million.
The
government doesn’t cover the supplemental pensions and the pensioners are
asking the bankruptcy judge to mandate that McClatchy or its new owners fulfill
the commitments, McClatchy reported.
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