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Boeing Strikers Reach Agreement

Local 848 members should know that the negotiating team at Machinist's (IAM) Local 751 recommended a new contract proposal and their membership ratified by 80% on September 29. They had been on strike for 4 weeks. Details are available on www.iam751.org.

Earlier, the union had announced that their main reason for striking was the company's offer of $66 per month per year of service as proposed new pension multiplier. IAM 751 members previously had a $60 multiplier, and the new proposal would give retirees $70.

The new proposal has bonuses in each of the three years. Top pay for Boeing workers moves to $33.83/hour, including the fold-in of previous Cost-of-Living-Advances (COLA). In recommending the new proposal, the union negotiating team said, "We have shown the American people we can stand up and get a multi-national corporation to do the right thing.... Every member can hold their head up high and be proud of what we have accomplished together - for you, your families and future workers. Because of all of us, our Union is stronger. Everywhere in America, people have accepted concessions or reduced benefits for the next generation since 9-11. You stood together and said NO and scored a victory for working families across the country."

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