Machinist union members reject Boeing's new contract offer; strike goes on

[Yo_Mama_Been_Loggin]

Source: MYNORTHWEST

UPDATE (10/23, 7:10 p.m.): Boeing factory workers vote to reject contract and continue 6-week strike, The Associated Press reports.

This story is developing. Check back for updates.

Read more: https://mynorthwest.com/4000985/boeing-vote-new-contract/

[mdbl]

1. I hope they are all voting for Harris

Since Rump would have them all fired.

[MichMan]

2. Not surprised

Apparently, they thought Boeing's offer of a 35&% wage increase was an insult.

[wolfie001]

3. Boeing didn't include a pension in the deal

That was the deal breaker. Just learned that from a local news outlet that interviewed the strikers.

[MichMan]

5. If that is the case, they are going to be out a long time

Making an assumption that they want the pension to include retroactive credit for all the previous years since it was replaced by a 401K ten years ago instead of starting back up new.

Since the 401k plan includes company contributions as well as anything they put in, that would mean they expect Boeing to fund two retirement plans for that 10 year period. I can't see any employer going for that.

[wolfie001]

6. Yes, it doesn't look good

Pensions are rare anymore and corporate US hates them.

[IbogaProject]

7. I think the goal is to get those 401ks replaced with a formal pension

There must be a way to do that but Boeing wants to avoid owing a pension.

[MichMan]

8. Pension starting now from zero or retroactive to when the last one was ended?

The former pension plan was ended in 2014. Someone hired that year would have now been in the 401k plan for 10 years now. If that is replaced with a pension, would that person have 10 years vested or zero?

I'm not sure what they are asking for.

[BaronChocula]

4. So happy for the labor movement

We all need to show those making the bigger salaries that they don't hold unlimited power and they have lesser paid workers to answer to.

The profit pissing game these corps compete in come at the expense of worker pay. There is plenty of money to go around. Companies can afford to pay workers fair and livable wages. That is a choice. It's up to workers to force those corporations to make the right choice.