Workers picket outside the Boeing Co. manufacturing facility in Renton, Washington. Photographer: David Ryder/Bloomberg

Retirement plans are a major sticking point between Boeing and its union workers, now in the seventh week of a strike. The striking machinists want the world's largest aerospace manufacturer to bring back the traditional pension plan Boeing ditched a decade ago, as part of a deal with machinists to build its 777 jetliner in Washington.

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Lynn Cavanaugh

Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast, American Media and Harris Publications.