Tag: defined benefit plans
A closer look at the Boeing negotiations only makes the question more puzzling. Boeing workers recently accepted the company’s third offer. The agreement does not include reopening the Boeing defined benefit pension plan, which was cited as the major reason that the union rejected the second offer. Even though the strike is over, I find…
Some form of risk-sharing plan would be good, but coverage is the real issue. How did this happen? Now that the shift from defined benefit plans to 401(k)s is almost complete (see Figure 1), everybody seems to be talking about defined benefit (DB) plans. They were on the wish list of the United Auto Workers.&nbs…