Boeing workers' demand for reinstated pension a long shot, experts say

  • Posted on October 28, 2024
  • By Yahoo News
  • 3 Views
Boeing workers' demand for reinstated pension a long shot, experts say

Boeing workers' efforts to restore the traditional pension plans it ditched a decade ago feels to many like a long shot, as reinstating such a structure could exacerbate the planemaker's shaky financial situation. Bringing back the defined-benefit plans - where the pension liability is primarily borne by the employer - will require a major concession from the company, particularly as most corporations have drifted away from this model. Boeing has resisted attempts to restore the plan.
continue reading...

Author
Yahoo News

You May Also Like