Boeing Workers Want Their Pension Back. Here's Why The Company Should Consider It. [Forbes]
Triumph Group, Inc. (TGI)
Last triumph group, inc. earnings: 2/6 06:00 am
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Source: Forbes
A picket sign sits outside the Angel of the Winds Arena as striking Boeing employees gather to cast their votes on a proposed contract Wednesday in Everett, Wash. Associated Press A significant share of Boeing's striking assembly workers are digging in their heels on a seemingly quixotic demand: the revival of their pension plans. When members of the machinists union at Boeing narrowly voted in 2014 to accept a contract extension that froze the pension plan and closed it to new hires, from a distance it appeared to be bowing to the inevitable: pensions were going the way of the Dodo in the United States. But 10 years later, benefits experts told Forbes pensions are making a quiet comeback, aided by better economic conditions, regulatory changes and new wrinkles on the plans that reduce the risks for employers in promising workers retirement income for the rest of their lives. And some aerospace industry figures say it could be a smart move for Boeing to play ball with the u
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News
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TGI
Earnings
- 11/12/24 - Beat
TGI
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- TGI's page on the SEC website