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Why Boeing Workers Rejected a New Contract: Retirement Benefits

A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan. Boeing Company, Boeing 737 Max Groundings and Safety Concerns (2019), Pensions and Retirement Plans, Strikes, Organized Labor, Labor and Jobs, Seattle (Wash), Ortberg, Robert K, Airlines and Airplanes, Employee Fringe Benefits, Layoffs and Job Reductions, Stocks and Bonds, 401(k), 403(b) and 457 Plans, Retirement, Wages and Salaries, International Assn of Machinists and Aerospace Workers A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan. NYT > Business

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