Pensions Preserved in Hawker Beechcraft Contract
August 9, 2011
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Local 733 members in Wichita, KS ratified a new agreement with Hawker Beechcraft by a 69 percent margin. The five-year contract protects jobs and preserves the defined-benefit pension plan for current and future employees.
The contract also includes a new partnership agreement and guarantees job classifications will remain in Wichita, while providing training for workers who have been laid off. The contract covers 2,600 members at the Wichita facility.
“All of our aircraft manufacturing contracts in Wichita have good defined-benefit pension plans for everyone,” said Southern Territory General Vice President Bob Martinez. “We will continue to hold the line on pensions in Wichita.”
