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WE ARE ON STRIKE!!!

Here's the text of the Seattle Settelment and some info

from the last offer from Boeing:

News Release

Boeing, IAM Reach Tentative Agreement on Three-Year Contract

SEATTLE, Sept. 25, 2005 – The Boeing Company [NYSE: BA] confirmed today that it has reached a tentative agreement for a new three-year contract with the International Association of Machinists and Aerospace Workers (IAM), which represents approximately 19,000 Boeing employees in the Seattle area, Wichita, Kan., and Portland, Ore.

Union leadership is recommending that its members vote to approve the contract on Thursday. If employees vote to ratify, it will immediately end a strike that began on Sept. 2.

"The new agreement supports our business plan and addresses the key issues raised by IAM-represented employees and the union," said Alan Mulally, president and CEO of Boeing Commercial Airplanes.

Terms of the contract offer include:

· A pension multiplier of $70 per month for each year of service,

· Maintaining existing health care plans under the same cost provisions of the IAM’s previous contract with Boeing,

· A ratification bonus equaling 8 percent of each employee’s total pay during the past 12 months, which will average about $5,200 per individual, and

· Two lump sum bonuses, of $3,000 each, which will be paid at the end of 2006 and 2007.

"The total cost to Boeing is similar to the previous contract offer and meets our definition of a reasonable settlement," Mulally added. "It also supports our plan for making continued quality and productivity improvements, which is the key to being competitive and winning new business."

The tentative agreement was reached late Friday. Mulally and Jerry Calhoun, Boeing Commercial Airplanes’ lead negotiator and vice president of human resources, represented the company in the settlement negotiations.

MEANWHILE,BACK AT IDS…

Last, Best and Final Oct. 19, 2005Today, The Boeing Company presented this membership with their Last, Best and Final contract offer.

Medical Care coverage contains the following take-away provisions:

 No cap on employee contributions for Medical Plan Premiums

 Pacific Care HMO "out of pocket maximums" will increase 66% to 150%, depending upon the number of dependents.

 Emergency room or Hospital services will have increased co-pays of $50 and $250, respectively.

 The new, proposed traditional PPO’s replacing the current CIGNA POS/ONA plan, has several additional expenses, as well as unacceptable exclusions to benefits, vision care and the prescription drug programs.

Employees hired after July 1, 2006, all coverage for the following will cease.

 Retiree medical benefits

 Retiree life insurance

 Retiree Accidental Death and Dismemberment (AD&D)

The "pay as you go vacation" option, has been withdrawn by the company. The Company refused to negotiate any compensation for travel.

The Meager General Wage Increases offered by the Company do not reflect adequate compensation for this membership in light of the record profits posted by this division in the last three years.

We find this offer to be unacceptable and an insult to the membership.

Will federal mediators make Boeing see reason,or will it have to be taught another 28-day lesson????

Why does it take federal intervention?

BOEING , DO THE RIGHT THING!

Decatur votes Boeing proposal down by 91%, we are not alone in this battle!