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To: Oblomov who wrote (39768)	8/31/2005 12:38:36 AM
From: Lizzie Tudor	Respond to of 306849

its a little more complicated but wages are a part of it The Seattle-based Machinists Lodge 751, which represents workers who assemble commercial airplanes, said on its top issue, Boeing's final offer of a pension of $66 per month for every year worked, up from $60 currently, was "insulting." For about 17,500 affected Machinists in the Puget Sound area and Gresham, Ore., the final offer increased lump-sum payouts to $6,000 over two years. That total could increase to a maximum of $9,000 if employees choose to roll the money into a retirement plan. The company also added a 2.5 percent wage increase in the third year of the contract. For about 900 Machinists workers in Wichita, Kan., the company offered no general wage increase, but a one-time payout of $2,800, which would increase to $4,200 if any employee chose to deposit that money in the Boeing 401(k)-type retirement account. "They are trying to buy you with cash, while dividing and hurting you in other ways," the union statement said. "We will not let this company divide us. Why would we allow them to separate Wichita out of the economic package?" biz.yahoo.com