Do you know about - News Update: Boeing Reaches Deal With Machinists
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News Update: Boeing Reaches Deal With Machinists Video Clips. Duration : 1.63 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Maryland Retirement . Jun 28, 2010 -- Boeing (BA) workers in St. Louis have accepted a contract avoiding a strike set for today. The International Association of Machinists and Aerospace Workers said the contract passed Sunday by a vote of 1237 to 838. The union had said its workers in St. Louis were prepared to strike starting at midnight if the vote had failed, the AP reported. The main contention against the four-and-a-half year proposal was a clause that would place workers hired after January 2012 in a retirement plan based on company contributions instead of in a traditional pension, the story said. Union spokesman Tom Pinksi said that clause remains in place. However, the newly approved contract removes language that would have dropped an employee's dependent health care coverage if the worker took a medical leave of absence for more than six months. The new contract allows for 30 months of coverage. Boeing said in a statement that it is pleased the contract was passed. The contract covers 2533 Boeing workers, most of them in St. Louis, as well as operations in Maryland and other locations. The workers make the FA-18 Super Hornet fighter jet, EA-18G Growler electronic attack aircraft and the F-15 Strike Eagle ground attack strike fighter as well as parts for the C-17 Air Force cargo plane, which is assembled at the Long Beach plant.
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