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The Boeing Company Employee Retirement Plan Summary Plan Description 2007 Edition/Certain Union-Represented Employees The summary plan description (SPD) for this Plan is this booklet and any summaries.

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THE PENSION VALUE PLAN FOR EMPLOYEES OF THE BOEING COMPANY is a DEFINED BENEFIT PLAN. This type of plan generally provides participants with a monthly retirement benefit upon reaching a specific age and may be adjusted for early retirement.

“BCERP” means The Boeing Company Employee Retirement Plan.

The estimated total pay for a Retired at Boeing is $205,387 per year.

The pension plan the Boeing provides to Union members offers two choices for payouts. The first is a lump sum of due funds upon retirement. The second is a monthly check distributed monthly over multiple years. In recent years, roughly half of all retiring engineers have chosen the lump-sum option.

For example, if you are retiring in 2022 and have worked at The Boeing Company for 25 years, your pension will have the following: a lump-sum option, compensation adjusted to 25 years worked, and a Final Average Pay (FAP) calculation drawn from your highest years of compensation, adjusted by the most current interest ...

Boeing offers many employees the option at retirement to either receive a pension, providing monthly income for life, or to have a single lump sum deposited into a retirement account that can be invested and withdrawn as desired.

Payable as early as age 55 but no later than age 65; may be reduced based on early retirement adjustment factors. Age 62 or older with less than one year of service at time of termination.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232