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.
"During every negotiation and strike, we must continually evaluate where our leverage stands going forward," International Association of Machinists and Aerospace Workers (IAM) president Jon Holden said in statement. "We believe that we have secured one of the strongest contracts in the aerospace industry."
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