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Boeing's Pension Scale Back Is a Sign of the Coming Times

AOL News
Date Published: 
Friday, March 14, 2014

The past week has brought two ultimately related pieces of news. Boeing announced it would freeze pensions for 68,000 non-union workers and move them into a 401(k)-style retirement plan, according to Bloomberg. The change starts in 2016 and is intended to cut costs, according to the report.