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Topic: pension

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March 7, 2014 at 7:07 AM

Friday Memo: Boeing pensions … Grocery Godzilla … Is Seattle diverse?

Retirement changes: Boeing announced it will freeze the traditional defined-benefit pensions of 68,000 nonunion salaried staff — including managers and executives, all the way to the top — starting in 2016. Just as it did with the 33,000-member Machinists union as part of the 777X deal, Boeing will replace the old pension…

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