Boeing's last offer Monday would have given employees' pensions $79 a month for every year of service, and the union asked for $80. The average age is 52, so while the percentages may be small with a small healthcare expense, as the cost goes up so do the dollars.
The company's final offer also would have employees pay 15% of their medical costs for HMO and 5% under preferred provider organizations. It also would reduce retiree benefits. The union wanted healthcare benefits untouched, with co-pays at 12% for HMOs and 4% for PPOs.
"The company said take it or leave it," said Joseph Pointer, vice president of UAW Local 148. "We left it." The C-17 no longer is built for the US and the plant relies on foreign orders, which the article stated there are 16 in house but all the companies that supply here could feel the impact.
LONG BEACH - Production of Boeing's C-17 cargo jet has been indefinitely suspended after workers walked off the job early Tuesday in a dispute over pension and medical benefits.
Boeing suspends C-17 production in wake of strike - Press-Telegram
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