pension http://www.kplu.org en Boeing Shifts 26,000 Non-Union Workers In The Seattle Region Away From A Pension http://www.kplu.org/post/boeing-shifts-26000-non-union-workers-seattle-region-away-pension <p>Boeing plans to shift its non-union employees away from a defined benefit pension plan, including about 26,000 workers in the Puget Sound region.&nbsp;</p><p>In January, machinists here narrowly accepted a similar pension freeze to win the 777X production line. Now, Boeing’s including non-union employees in the retirement plan change because the company says its pension obligation is unsustainable.</p> Thu, 06 Mar 2014 23:06:44 +0000 Ashley Gross 14499 at http://www.kplu.org Billions at Stake as State Supreme Court Hears Pension Cases http://www.kplu.org/post/billions-stake-state-supreme-court-hears-pension-cases <p>The state Supreme Court on Thursday heard oral arguments in a pair of pension cases involving billions of dollars at stake.&nbsp;<span style="line-height: 1.5;">Unions for teachers and state employees want the high court to restore two benefits that were nixed due to their cost.</span></p><p> Thu, 24 Oct 2013 21:58:22 +0000 Austin Jenkins 10643 at http://www.kplu.org Billions at Stake as State Supreme Court Hears Pension Cases Wash. to Shrink Pensions for 3 Ex-Firefighters http://www.kplu.org/post/wash-shrink-pensions-3-ex-firefighters <p>Washington auditors have determined that pre-retirement salary increases led to more than $30,000 in excess pension payments for three former firefighters, and the state projects it will save the system more than $140,000 by permanently reducing their combined pension values.</p><p> Tue, 20 Aug 2013 19:16:30 +0000 Mike Baker 9689 at http://www.kplu.org Boeing's latest move confirms nationwide trend to end pensions http://www.kplu.org/post/boeings-latest-move-confirms-nationwide-trend-end-pensions <p></p><p>Boeing has been – until recently – one of the last remaining places in the corporate world where you could still get a pension in retirement. Now Boeing’s technical workers are being asked to drop the pension for new employees – it’s part of a broader strategy at the company.</p><p> Fri, 01 Mar 2013 13:00:00 +0000 Ashley Gross 7883 at http://www.kplu.org Boeing's latest move confirms nationwide trend to end pensions