Members of IAM locals on strike at Boeing facilities in Kansas, Oregon and Washington will vote Nov. 1 on a tentative agreement which, if approved, will end the strike that began on Sept. 6, 2008.
The proposed contract would cover nearly 27,000 IAM members at Boeing and provide general wage increases of 15 percent over the life of the agreement, a pension multiplier of $83 by the end of the contract and lump sum payments of 10 percent of the previous year’s earnings or $5,000, whichever is greater. Additionally, the IAM Negotiating Committee secured language to protect thousands of jobs at risk in the material handling classification.
A simple majority of those casting ballots is required to approve the four-year agreement, which was reached on Oct. 27 after five days of intense bargaining in Washington, DC. Results of the ratification vote count should be available late on Saturday, Nov. 1 and will be posted at www.goiam.org and www.iam751.org.
