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Petitioner Hughes Nonbargaining Retirement Plan (the plan) is a tax-qualified defined benefit plan established by petitioner Hughes Aircraft Company (Hughes), Pet. Finding a taxi driver that speaks English is hard. Nov. 8, 1989 12 AM PT. Joining the Boeing Family", Hughes aircraft history on CentennialofFlight.net, Hughes Aircraft Company, 6775 Centinela Avenue, Los Angeles, Los Angeles County, CA, https://en.wikipedia.org/w/index.php?title=Hughes_Aircraft_Company&oldid=1141258288, 1972: Hughes sold the tool division of Hughes Tool Company. Avoid common errors with a Roth IRA that could lead to fees and losses. Hughes Aircraft Retirees Association - GuideStar Profile The Howard Hughes Co. has a fifty-two week low of $50.90 and a fifty-two week high of $103.21. Fare Rates: Make sure the driver turns on the meter, which begins at NT$70 for the first 0.77 miles and NT$5 for each additional 0.12 miles. According to the complaint, the Plan originally required mandatory contributions from all participating employees, in addition to Hughes own contributions. Passengers with EasyCards get a fare discount between subway and bus if the transfer is done within one hour. Access beautifully interactive analysis and comparison tools. The city of Fullerton, California, named Hughes Drive after the site that the company formerly occupied before 1997. This section provides, in relevant part: [T]he assets of a plan [except as otherwise provided in the statute] shall never inure to the benefit of any employer and shall be held for the exclusive purposes of providing benefits to participants in the plan and their beneficiaries and defraying reasonable expenses of administering the plan. 403(c)(1); 29 U.S.C. 1103(c)(1). Show the driver your destination address in Chinese characters; most drivers are unable to read pinyin. 1 This arrangement is commonly referred to as contributory, as compared to a plan whose members do not make contributions, which is commonly referred to as noncontributory. See generally S. Bruce, Pension Claims 22 (2d ed. ERISAs fiduciary duty requirement simply is not implicated where Hughes, acting as the plans settlor, makes a decision regarding the form or structure of the plan such as who is entitled to receive plan benefits and in what amounts, or how such benefits are calculated. The company soon became a highly profitable industry leader in these fields. Find out what works well at Hughes Aircraft from the people who know best. Subsequently, Hughes again amended the Plan to provide that, effective January 1, 1991, new participants could not contribute to the Plan, and would thereby receive fewer benefits. The subway and buses are most popular, but taxis .