Boeing workers' demand for reinstated pension a long shot, experts say
28-10-2024 17:25
(Reuters) - Boeing workers' efforts to restore the traditional pension plans it ditched a decade ago feels to many like a long shot, as reinstating such a structure could exacerbate the planemaker's shaky financial situation.
Bringing back the defined-benefit plans - where the pension liability is primarily borne by the employer - will require a major concession from the company, particularly as most corporations have drifted away from this model.
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