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Boeing abandoned the structure in 2014 as part of a deal with union machinists to build its 777X jetliner in Washington, with an aim to curb "the unsustainable growth of our long-term pension ...
Well, for one thing, the 401(k) benefits Boeing offered were pretty generous -- at most, a 10% company contribution plus a 75% employer match on employees' voluntary contributions up to 8% ...
BECU is an American credit union based in Tukwila, Washington, in the Seattle metropolitan area.It was named the Boeing Employees' Credit Union for much of its history and originally served employees of The Boeing Company.
The union also wanted to restore traditional pensions that were axed a decade ago but settled for an increase in new Boeing contributions to employee 401(k) retirement accounts of up to $4,160 per ...
With the planned end of the Space Shuttle program in 2011, USA sought new business opportunities through new government contracts for other NASA programs. One of those contracts was the 2008 Integrated Mission Operations Contract (IMOC) to provide flight operations support for the Constellation Program and International Space Station Program in Houston through September 30, 2011. [6]
Boeing Global Services (BGS) is a division of The Boeing Company. It provides aftermarket support, such as maintenance and upgrades, to customers who purchase equipment from the company's other divisions, Boeing Commercial Airplanes and Boeing Defense, Space & Security , or other manufacturers.
One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension plan for union members in 2014.
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