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Boeing has proposed closing its defined benefit pension plan to Puget Sound-based new hires beginning Jan. 1, 2013, much to the chagrin of the Society of Professional Engineering Employees in Aerospace (SPEEA), the union that represents engineers at the plane manufacturer’s facilities across the country. Instead, it proposes offering an enhanced Voluntary Investment Plan, which would include a new automatic company contribution and a company match on employee contributions, according to the Boeing website.


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