Tag: defined benefit plans

US Capitol building in Washington DC

Going forward, the government will have to pay more – not less – to be competitive. A suggested revenue proposal that was initially included in Trump’s “one big beautiful bill” would increase the contribution that federal employees make to their defined benefit plan.  Increasing the contribution rate might be a good idea if federal employees…

Two ground maintenance workers working on the nose of an airplane

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…