This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Employee Benefits

Jan. 27, 1999

Hughes Wins Right to Keep Pension Surplus

WASHINGTON - Handing a major victory to employers, the Supreme Court ruled unanimously Monday that a company may use the surplus in a pension plan to which employees have contributed to fund benefits programs for other workers.

^^Census Decision, Page 8^^
^^High Court Highlights, Page 8^^
By David F. Pike
Daily Journal Staff Writer
        WASHINGTON - Handing a major victory to employers, the Supreme Court ruled unanimously Monday that a company may use the surplus in a pension plan to which employees have contributed to fund...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Sign up for Daily Journal emails