Welcome, Guest.
Please login or register.
Feds Give Laid-Off Boeing Workers a Big Hand
Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community    ....And In The Rest Of The Country  ›  Feds Give Laid-Off Boeing Workers a Big Hand Moderators: Admin
Users Browsing Forum
No Members and 86 Guests

Feds Give Laid-Off Boeing Workers a Big Hand  This thread currently has 956 views. |
1 Pages 1 Recommend Thread
Shadow
August 1, 2013, 10:14am Report to Moderator
Hero Member
Posts
11,107
Reputation
70.83%
Reputation Score
+17 / -7
Time Online
448 days 17 minutes
Feds give laid-off Boeing workers a big helping hand
Local Boeing workers who’ve lost their jobs will receive substantial additional federal unemployment benefits after two unions at the company sought aid under a program for employees laid off due to outsourcing and foreign trade.

By Dominic Gates

Federal help for Boeing Commercial Airplanes’ laid-off workers

Extended unemployment pay for up to 2½ years

A 72.5 percent tax credit on health-care insurance premiums

90 percent of travel expenses to a job interview covered up to $1,250

90 percent of relocation expenses for a new job, plus a relocation lump sum up to $1,250

Supplemental pay for workers older than 50 re-employed in a lower-paid job, up to $10,000 over two years

Up to $25,000 training grant toward cost of a college degree                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Thanks to a federal program lined up by their unions, local workers laid off during the current dip in employment at Boeing Commercial Airplanes will enjoy a financial cushion that’s much, much plumper than what the average unemployed state resident gets.

“Compared to what Joe Worker gets when they get laid off, our members have a pretty extensive safety net,” said Connie Kelliher, spokeswoman for the International Association of Machinists (IAM).

The U.S. Department of Labor has approved Boeing workers — union or nonunion, production workers or engineers — laid off between April 2012 and June 2015 for a package of benefits that includes drawing unemployment pay for up to 2½ years, rather than the regular six months.

The Labor Department ruling also means that if laid-off Boeing workers need to travel, say to California, for a job interview, the government will reimburse 90 percent of the costs.

If they relocate for a new job, the government will pay 90 percent of their moving expenses and provide an additional lump-sum relocation allowance of up to $1,250.

While unemployed, they’ll also get a tax credit for nearly three-quarters of their health-care premiums. And they’re eligible for a grant of up to $25,000 toward the cost of a degree.

And for those workers over 50, if they have to take a lower-paid job after leaving Boeing, the government will provide up to $10,000 over two years in supplementary pay to make up some of the difference.

All these benefits flow because the Labor Department recently granted the IAM’s petition for federal aid under the Trade Adjustment Assistance (TAA) program, which is designed to assist U.S. workers who have lost their jobs as a result of overseas trade or outsourcing.                                                       http://seattletimes.com/html/businesstechnology/2021513853_boeinglayoffsxml.html
Logged
Private Message
GrahamBonnet
August 3, 2013, 9:26am Report to Moderator

Hero Member
Posts
9,643
Reputation
66.67%
Reputation Score
+16 / -8
Time Online
131 days 7 hours 47 minutes
additional b/c they are in a pressure group aligned with the regime

how fair


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Logged
Private Message Reply: 1 - 2
Madam X
August 5, 2013, 12:29pm Report to Moderator
Hero Member
Posts
3,190
Reputation
66.67%
Reputation Score
+8 / -4
Time Online
26 days 9 hours 21 minutes
How about doing something about the outsourcing, instead? At some point, taking away from those still employed to give to those without jobs has to fail. Bernie Madoff is in prison for pulling a stunt based on similar principles.
Ron Paul had some ideas for dealing with the issue, but he's a kook, right?
I'm surprised they haven't proposed making those who have a house over a certain size take in the unemployed, yet.
Logged Offline
Private Message Reply: 2 - 2
1 Pages 1 Recommend Thread
|

Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community    ....And In The Rest Of The Country  ›  Feds Give Laid-Off Boeing Workers a Big Hand

Thread Rating
There is currently no rating for this thread