October 21, 2021

Boeing to end pension plans for nonunion employees

Pin It

From Moneynews Boeing Co. said on Thursday (6) it will end pension plans for 68,000 nonunion employees, including its chief executive, marking the latest step in the company’s shift away from defined-benefit plans. The change takes effect Jan. 1, 2016, and reflects the company’s effort to reduce the growing costs of its pension plans. Boeing […]