What did SPEEA actually want?
For everyone wondering why people are saying no? We're not far off from a reasonable and fair offer.
**Wage Pools and P/OOS:**
* 5% General Wage Increase (GWI) on ratification
* 6.5% wage pools each year 2027–2030 with an uncapped Q3 CPI-W floor
* 0.5%/yr promotional/out-of-sequence.
*That compounds to roughly 37.6% by 2030.* (Edit. This assumes OOS and Promo are included, average is actually 35.1% excluding these pools)
* *Tech-only: GWI retroactive to 2/20/26, to address the Prof/Tech gap dating to 2016.*
**401k: **11% company contribution in total, broken out as:
* Match held at 75% of first 8%
* Non-elective flattened from age-tiered 3/4/5% to a flat 5% for everyone.
**EIP Target: **10%
**OT: **Time + 50% of Level 1 Prof average annual pay (edit, this is around 20-22/hr)
**Vacation: **+2 days
**Early Retiree Medical (ERM):**
Access to everyone at age 55. Premiums would be the responsibility of member.
HRA to help pay for ERM premiums would be funded by putting the value of the sick leave you normally lose every year into the HRA at your current hourly rate. 6% return on assets (2025 annual report estimated ROl for pension plan assets)
**Medical Paybands: **Raise to $150k/$300k thresholds, same cost-share percentages
**Bereavement: **3 days/year, doesn't require burning sick leave or vacation
**Floating holiday: **1 day
**Sabbatical: **4 weeks unpaid sabbatical per 7-year (with benefits)
For those of you wondering why you should VOTE NO, this offer was presented to Boeing based on feedback from the membership using the negotiation prep surveys and market data.
Boeing turned around, stole a million concessions from an arguably pretty reasonable offer, and gave us a slap in the face of a contract.
This is what the NOs are fighting for, and none of it is out of the ordinary for the industry except for the 401k percentage.
VOTE NO ON THIS RIDICULOUS FARCE OF A CONTRACT, AND AUTHORIZE A STRIKE
Edit: this information was given out by an AR and some CRs