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Tue, Sep 08, 2015

Boeing Ordered To Pay $90 Million In Class Action Suit

SPEEA, Two Other Unions Brought Action Over Pension, Other Retirement Benefits

Boeing will pay some $90 million to settle a 10-year-old class action lawsuit brought by SPEEA and two other unions over health benefits and pensions.

The payment was ordered by judge Monti Belot in the U.S. District Court for the District of Kansas in Wichita, KS, according to the Wichita Eagle. In his order, Belot said that "the Settlement embodied in the Settlement Agreement is fair, reasonable, and adequate, and was entered into by Boeing and Settling Plaintiffs in good faith and without collusion.”

The suit was brought in 2005 when SPEEA, the International Association of Machinists and the International Brotherhood of Electrical Workers alleged that some union workers at Boeing who were transferred to Spirit Aerosystems following the sale of Boeing's Wichita commercial airplane operations did not receive health and pension benefits due them under their previous union contract.

FMI: www.ksd.uscourts.gov

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