Homepage / Las Vegas News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters

Station Casinos Suspends 401(k) Match

Company Blames Economy For Decision

POSTED: 3:39 pm PST December 2, 2008
UPDATED: 10:45 pm PST December 2, 2008

Station Casinos will suspend matching contributions to employees' 401(k) retirement plans.

The company is joining others across the nation making the change because of the struggling economy.

No other local casino companies have gone that route, but some executives said it's an option they may have to consider.

Station Casinos released this statement Tuesday: "As we continue to navigate through difficult economic conditions, we have put in place a number of cost saving measures, including a temporary suspension of the match portion of our 401(k) program. Team members are still able to participate in the program. The decision to temporarily suspend the company's 401(k) match will be reevaluated on a regular basis based on economic conditions."


Links We Like

Sponsored Content
Before you splurge on that pricey remodeling project, beware. It may not pay you back when it's time to sell. More

Employers generally have options when it comes to hiring. Makes sure you present yourself as professionally as possible, or else. More

Want to lose weight? Get a diet and fitness plan customized for you from Jillian Michaels of TV’s Biggest Loser. MoreClick Here

The signs of Cancer can sometimes be very subtle. Here's a guide to help you recognize them early. More

Sponsored Links

Health Topics & Information

10 expert tips to promote a healthier heart. Learn why the “full-fat” version of food is often better than the “low-fat” version. More

Desktop Weather 24/7