Boeing company facility in Irving, Texas. Credit: JHVEPhoto/Adobe Stock

While the 33,000 Boeing machinists did not end the strike on Monday with a renewed pension plan, the two-month strike did give them a boost to 401(k) contributions and their paychecks. The workers' strike, which halted airplane manufacturing at plants around the Northwest, ended with a 59 percent vote in approval of the contract offer from Boeing.

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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.

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