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MichMan

(13,729 posts)

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

Reply to wolfie001 (Reply #3)

Thu Oct 24, 2024, 06:27 AM

Oct 24

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.

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wolfie001 IbogaProject

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Highlight:

Machinist union members reject Boeing's new contract offer; strike goes on [View all] Yo_Mama_Been_Loggin Oct 23 OP

I hope they are all voting for Harris mdbl Oct 23 #1

Not surprised MichMan Oct 23 #2

Boeing didn't include a pension in the deal wolfie001 Oct 23 #3

If that is the case, they are going to be out a long time MichMan Oct 24 #5

Yes, it doesn't look good wolfie001 Oct 24 #6

I think the goal is to get those 401ks replaced with a formal pension IbogaProject Oct 24 #7

Pension starting now from zero or retroactive to when the last one was ended? MichMan Oct 24 #8

So happy for the labor movement BaronChocula Oct 23 #4