Category: Pensions and Retirement Plans

Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms

As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.
Boeing Union Says It Will Vote on New Proposal to End Strike

The machinists union that represents more than 33,000 workers said that the deal includes raises of 35 percent over the four-year life of the contract.
Will Social Security Be There for Millennial and Gen-Z Workers?

Despite fears about long-term solvency, millennials and Gen Z workers have a major stake in the program.
Social Security Benefits to Climb 2.5% in 2025

The annual cost-of-living adjustment will increase monthly checks for millions of beneficiaries, including retirees and disabled workers.
Boeing Labor Talks Stall as Strike Nears One-Month Mark

The aerospace manufacturer withdrew its latest offer to a union whose more than 33,000 members went on strike last month, and both sides exchanged blame for the breakdown.
Harold Daggett, Port Strike Leader, Seeks Big Raises for Dockworkers

Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.
Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers

The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.
Boeing Expected to Restart Labor Negotiations as It Seeks End to Strike

Federal mediators will help the aerospace manufacturer and leaders of the union representing more than 33,000 workers who went on strike last week reach a deal.
Ending the Boeing Strike Won’t Be Easy. Here’s Why.

The vehemence of workers over wages and other issues caught the company and union leaders off guard.
Boeing Workers Vote to Strike After Rejecting Contract Deal

Thousands of workers who build commercial planes in the Seattle and Portland, Ore., areas voted down an accord recommended by union leaders.
Will Automation Replace Jobs? Port Workers May Strike Over It.

A contract covering longshore workers on the East and Gulf Coasts will expire at the end of September, but talks have been stalled over the use of equipment that can function without human operators.
Why Roth Accounts May Be a Good Savings Option at Any Age

These savings accounts, which are often pitched to young investors, can be a good investment option for older and retired workers.