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Boeing members vote on new contract

More than 33,000 members of Boeing’s machinists’ union voted Wednesday on a new contract. If passed, the contract would end a strike lasting more than a month.

Boeing’s latest offer includes salary increases of 35% over four years, $7,000 ratification bonuses and the continuation of performance bonuses that Boeing previously wanted to eliminate. Striking employees fought hard to bring back traditional pension plans, which Boeing ended a decade ago. The company maintained that pensions would not return.

More details: Boeing reports $6 billion third-quarter loss, second-worst quarter in company history

However, while the new offer would not restore the pension plan, it would increase the amount of contributions to 401(k) retirement plans that Boeing would match. Boeing’s 401(k) contribution will increase to 100% of the first 8% of employee contributions.

KIRO Newsradio was outside the Wind Angels arena Wednesday afternoon to ask members if they decided to vote yes or no for the contract.

Dirk White said he would vote no.

“There are still things that could be improved,” he said. “As for the retirement part, the salary increase is good, but there are still some things, including vacation accrual and other things like long-term security for younger employees.”

Another member said he was “definitely voting no.”

“I have felt this way since I first saw the contract,” they said.

KIRO Newsradio observed that although members voting no were more vocal than members voting yes, some, like John Schotanus, still opted for yes.

“I think it’s a fair contract,” he added. “I think a lot of people are misinformed about what’s going on and don’t read everything.”

“It’s much better than the last two:” Boeing machinists mull latest contract proposal

One member said: “I hope it’s a yes vote. We can come back. We still have four years, we can have another contract and we can regress the problems we need to.

If the decision is approved, members could return to work as early as Friday. If refused, there will be more missed paychecks and some told KIRO Newsradio they would immediately seek temporary employment. It would also mean Boeing would continue to lose about $1 million per day.

The counting of votes began on Wednesday at 5 p.m.

Contributors: Julia Dallas, Steve Coogan and Frank Sumrall, MyNorthwest; Sam Campbell, KIRO Newsradio Staff