The players will not be paid.
Service time is a bit more complicated. It’s possible that the league would argue that the “suspend the operation of the contract” language means that the passage of time, for contractual purposes, stops as well. That’d be pretty extreme. Of course we learned from the Associated Press last night that the union is suggesting that players should be given a full season of service time even if the season ends up getting canceled in its entirety. That’s the other extreme, but it’s an extreme that at least acknowledges that (a) the players aren’t getting any younger while the crisis goes on; and ( payment, for most players, is directly tied to their age.