Worried Boeing retirees are asking what happens to their pensions if Boeing does not survive this tragedy. In the worst case scenario, Boeing's pension plan would be taken over by the Pension ...

The average 401(k) contribution by employers in Fidelity’s book of business is about 4.8 percent, with the typical formula being a full match on the first 3 percent of employee contributions and ...

A 60-year-old senior airplane safety engineer, with 34 years at Boeing, who also asked not to be named to preserve his financial privacy, said the pension hit has “pushed my plans for retirement ...

A vast majority of Boeing employees have now seen their traditional pension plans end, being moved to a 401(k) style plan. Boeing will end its pension plans for non-union employees by 2016 in an ...

WASHINGTON -- The Boeing Co. said Wednesday that two current and two former employees have sued the company over the way pension-plan benefits are calculated. The company said in its quarterly ...

One option Boeing and the union could consider, retirement experts said, is a cash balance plan. Instead of guaranteeing a lifetime paycheck based on a specific formula, such plans promise a ...

Pensions are a major sticking point between Boeing and its striking machinists union. Many workers want the company to restore the pension plan they lost a decade ago, but Boeing hasn’t budged.

One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension plan for union members in 2014. CNN values your feedback 1.

Boeing’s pension finances aren’t in as good shape as IBM’s but they’re in much better health than a decade ago. The fair market value of its pension assets as of the end of 2023, ...

Boeing Co. said Wednesday that two current and two former employees have sued the aerospace company over the way pension-plan benefits are calculated.The Chicago-based company said in its ...