Lost Pension Plan: A Hot-Button Issue for Striking Workers
Boeing union workers, in their seventh week of a strike, are seeking higher wages along with the restoration of the company’s pension plan, which has been frozen since 2014.
In the 43 states that allow short-term limited duration (STLD) health plans that do not cover all the essential benefits mandated by the ACA, premiums for ACA-compliant plans will rise by 18.2 percent, the nonprofit predicts.
That increase is due both to the repeal of the individual mandate included in last year’s tax law as well as the recent move by the Trump administration to allow insurers to sell skinnier insurance policies.
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Boeing union workers, in their seventh week of a strike, are seeking higher wages along with the restoration of the company’s pension plan, which has been frozen since 2014.
New research findings raise an important question for employers: Are your retirement plans truly supporting your employees, or are they costing them more than they should?
The projected increase is nearly identical to this year’s rate of 10.1%, which represents the highest increase forecasted in 10 years.
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