Boeing workers, predominantly in the Puget Sound area of Washington State, are set to vote Friday, Jan. 3, 2014, on a proposal that would freeze existing pensions and deny fixed pensions to new employees.
Since machinists rejected an initial contract offer in November, a total of 22 states have submitted bids to secure work on Boeing's new 777X aircraft. Boeing is vowing to produce the new 777X airplane in the region if the contract is approved.
Boeing executive Ray Conner told local government leaders that an accepted contract will ensure that the wing work stays in the Puget Sound, but a vote to reject the deal will ensure the jobs go elsewhere.
Read more about the pension issues here.
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