Reported 16 days ago
Boeing union members are expressing their frustration over the loss of traditional pension plans from 2014, which they are unlikely to recover. This issue has intensified with their recent strike after rejecting a tentative deal that did not restore these benefits. The shift to 401(k) plans has increasingly left workers bearing the retirement risk, a change that many unions are now fighting back against. Despite historical efforts to regain lost pension benefits, such as those seen in recent auto industry strikes, no American union has succeeded in reinstating such plans.
Source: YAHOO