http://www.chicagotribune.com/busine...,0,19564.story
"Boeing machinists soundly rejected an eight-year labor contract extension on Wednesday that would have let them build the company's newest jetliner in Washington, a historic decision that could forever alter the course of Boeing's 97-year presence in the state."
"International Association of Machinists members voted 67 percent against a deal that would secure an estimated 20 years of work building Boeing's 777X jet, but a deal that would have terminated their pension plan and raised their healthcare costs."
"Tom Wroblewski, president of International Association of Machinists District 751, the local union, said in a statement that members "preserved something sacred by rejecting the Boeing proposal. We've held on to our pensions and that's big. At a time when financial planners are talking about a ‘retirement crisis' in America, we have preserved a tool that will help our members retire with more comfort and dignity."
"Boeing machinists soundly rejected an eight-year labor contract extension on Wednesday that would have let them build the company's newest jetliner in Washington, a historic decision that could forever alter the course of Boeing's 97-year presence in the state."
"International Association of Machinists members voted 67 percent against a deal that would secure an estimated 20 years of work building Boeing's 777X jet, but a deal that would have terminated their pension plan and raised their healthcare costs."
"Tom Wroblewski, president of International Association of Machinists District 751, the local union, said in a statement that members "preserved something sacred by rejecting the Boeing proposal. We've held on to our pensions and that's big. At a time when financial planners are talking about a ‘retirement crisis' in America, we have preserved a tool that will help our members retire with more comfort and dignity."