www.goiam.org Thursday August 15, 2002 IAM Tells Boeing: Re-Invest, Build The Boeing Co. must reinvest in its people and new products instead of exporting jobs and spending billions to buy back their own stock, the IAM’s chief negotiator said at the start of round-the-clock contract talks with the aerospace giant. Boeing must address union members’ concerns over job security, health insurance and improved pensions to achieve a new settlement when the current contract expires September 1, Schneider said. Boeing has eliminated more than half its IAM jobs since 1999, Schneider said, citing a Washington state report predicting the aerospace job cuts will drain more than $3.5 billion in personal income and at least $600 million taxes from the region in the next several years. “The IAM has helped Boeing save millions of dollars on health care costs” since forming a joint committee with the company in 1995, said Schneider, announcing that the union has proposed additional reforms to limit costs and reduce medical errors. He vowed to resist any efforts by Boeing to increase employees’ out-of-pocket expenses. “The average employee retires after 30 years at Boeing on a pension equal to one third of their former pay. Boeing’s top executives receive pensions from 150 percent to 209 percent higher than their salaries,” Schneider observed. With $3 billion surplus cash in the Boeing pension fund, the union expects a major increase in pension benefits this contract, he added.
IAM Backs United’s Loan Bid In a joint statement, Canale and Ford noted that the IAM is prepared to continue talks with United about ways to cut costs and eliminate operation inefficiencies. “We are concerned, however, that the company has yet to respond to cost-cutting suggestions from front-line employees at United.” IAM members at United were the last to receive wage increases following the ESOP, but were the first to respond to United’s current crisis with a $500 million loan and a commitment to work with the carrier to avoid bankruptcy, the statement added.
Potlatch Picketers
Stand Strong “Our members are standing firm and morale is high on the picket line,” echoes District W-2 DBR Leon Blocker. The union offered significant concessions in the health care area, but the company demanded even more takeaways, Street said “And they refused to show any documentation to support their claims,” he added. The union filed unfair labor practice based on management’s refusal to provide credible information on the health insurance issue. Street noted that “donations and support from workers across the nation are coming in.” The Arkansas State AFL-CIO has asked its affiliates to join the Potlatch struggle. Donations may be sent to IAM Local W-484, 707 Sturgis St., Warren, AR 71671. Checks may be made payable to Local W-484 Strike Fund.
Bush ‘Pep Rally’
Falls Flat
IAM Gains New Voice at DNC “I am excited about this new opportunity to give retired Americans and working families a stronger voice,” Cordone said. Immediately after the election, Cordone was one of three witnesses who testified before the DNC’s Ad Hoc Committee on Affiliates. They successfully petitioned for affiliate status which would give the Council voting rights in the DNC, she explained. |