Settlement Reached in Boeing Pension Case
Boeing Co. agreed to pay $36 million to more than 1,000 former McDonnell Douglas Corp. workers who said federal pension laws were violated when a plant in Tulsa, Okla., was closed.
The workers can pursue damages to cover back pay, said attorney Michael Mulder. The settlement covers pension and health-care benefits lost when McDonnell Douglas shut the plant in 1993. Boeing purchased McDonnell Douglas in 1997.
The settlement isn’t final until an appellate court decides whether to hear Boeing’s appeal on whether the workers can sue for back pay.
Boeing did not admit wrongdoing.
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