LEGACY RAYTHEON PLAN SMART YOUR INTERACTIVE BENEFITS OPEN ENROLLMENT GUIDE RAY TECH. DEADLINE TO ENROLL: OCTOBER 23, 2020 | CORRECTION PERIOD ENDS: DECEMBER 11, 2020 2 ... While the company does not sponsor the TRICARE Supplement Plan, the company provides access to it for eligible …About 80 percent of the 29,000 private-sector defined-benefit plans insured by the federal Pension Benefit Guaranty Corp. have been underfunded by $740 billion. State and local public employee ...ARLINGTON, Va., Jan. 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported fourth quarter 2023 results and announces 2024 outlook. Fourth quarter 2023 Reported sales of $19.9 billion, up 10 percent versus prior year Adjusted sales* of $19.8 billion, up 10 percent versus prior year GAAP EPS from continuing operations of $1.05 included $0.29 of acquisition …Raytheon Technologies Corp., Waltham, Mass., contributed $800 million to its U.S. defined benefit plans in the fourth quarter, spokesman Chris Johnson said in an email. RTX Pension Plan. 58 employees reported this benefit. 4. ★★★★★. 1 Rating. Available to US-based employees. Change location. Showing 1–1 of 1. Dec 8, 2014. A Massachusetts federal judge has ruled that a former employee at Raytheon Technologies Corp., who has sued the company for pension plan benefits he claims he’s owed, will recover the bulk of ...The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. Its focus, which was originally on new refrigeration technology, soon shifted to electronics.The company's first product was a gaseous rectifier that was based on …The three focused business segments will be Collins Aerospace, Pratt & Whitney, and Raytheon. The company plans to implement the reorganization during the second half of 2023 and will provide ...Raytheon Technologies Corporation (“Raytheon”) is a corporation engaged principally in the business of aerospace and defense technology. Raytheon Non-Bargaining Retirement Plan (“Non-Bargaining Plan”) and Raytheon Company Pension Plan for Salaried Employees (“Salaried Plan”) are two plans administered by Raytheon.2 2.The Plan will maintain the Raytheon Stock Fund as part of the Trust Fund until five years following its acquisition by the Trust (or such lesser or greater time as determined by the Company), at which time the Trustee shall dispose of all Raytheon Stock at the Raytheon Stock Sales Price and shall as soon as administratively feasible thereafter dispose of the …SIVAM contract and you were accruing a benefit under the Raytheon Plan immediately prior to your transfer. YOUR PENSION PLAN BENEFIT The Plan is a defined benefit pension plan with two different benefit formulas: • Traditional Pension Plan Benefit (described on pages 4–18); and • Cash Balance Benefit (described on pages 18–21).Raytheon Co. will boost the monthly pensions of more than 10,000 retirees and their surviving spouses, ending a class challenge to its pension calculations in a …With a secure login you can access your own personal details, see what benefits you’ve built up in the Raytheon Systems Limited Pension Scheme (the Scheme) and find out how much you’re paying in if you are still building up benefits. If you’re a member of the Scheme, make sure you register to use this part of the site.If an Applicable Retirement Plan does not use final average earnings to determine retirement benefits, Final Average Earnings shall mean the final average earnings as defined under the Raytheon Company Pension Plan for Salaried Employees, determined -3- without application of the limitation on compensation imposed by Section 401(a) (17) …General. The United Technologies Corporation Represented Employee Savings Plan (the Plan) is a defined contribution savings plan sponsored by Raytheon Technologies Corporation (RTC, the Corporation, the Employer, or the Company). It is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).For Raytheon Savings and Investment Plan This is a summary of the annual report for the Raytheon Savings and Investment Plan, EIN 95-1778500, Plan Number 026, for the plan year January 1, 2022, through December 31, 2022. The annual report has been filed with the Employee Benefits SecurityVerify that you are correctly entering the Password you created during first-time user registration. If the issue persists you can use the self-service link Forgot My Password on the RTX Pension Service Center login page. If you are not able to access the site, please call 1-800-243-8135 and follow the prompts for Savings & Retirement to reach ...The complaint said Raytheon used a 1971 mortality table to calculate annuities for pension plan participants. Mr. Cruz, whose complaint seeks class-action status, retired in 2015 at age 55, is a ...May 20, 2022 ... A 401(k) rollover occurs when you move a retirement plan with a former employer into an Individual Retirement Account (IRA) or another ...Raytheon Systems Limited Pension Scheme. Please enter your login credentials: Login ID. Password. If you have any problems logging in to this site please contact the Raytheon Systems Limited Pension Scheme Helpline on 0330 123 0355. Forgotten your details?Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more. Raytheon Company Pension Plan is a defined-benefit plan covering all eligible employees ...... pension plan participants as part of the Raytheon Aircraft sale, which we ... which requires companies to fully fund their pension plans over a seven-year period.Jul 22, 2022 · Important Phone Numbers & Information. Please use the table below to search for information and phone numbers for various retiree organizations. The Raytheon Retirees Association is an independent source of information. The data provided has been collected and verified as of July 22, 2022. U.S. insurer Prudential Financial Inc <PRU.N> will take over $923 million in pension obligations from Tomahawk missile maker Raytheon Co <RTN.N> in a deal that will cover about 13,000 ...BOSTON — Following her June 10 order denying an objector’s motion for reconsideration, a federal judge in Massachusetts on June 11 issued a final order and judgment on a $59 million class settlement of an action filed by a former Raytheon Co. employee who alleged that pension plans sponsored by Raytheon calculated joint and survivor annuity (JSA) … RTX Inquiries. Send general inquiries, concerns, requests for information and questions to the address below. RTX Corporation. 1000 Wilson Blvd. Arlington, VA 22209. (781) 522-3000. For a complete list of business locations and contact information, visit our Locations page. For specific inquiries, please select the appropriate area below for ... General. The United Technologies Corporation Represented Employee Savings Plan (the Plan) is a defined contribution savings plan sponsored by Raytheon Technologies Corporation (RTC, the Corporation, the Employer, or the Company). It is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).Plan”); the Raytheon Company Pension Plan for Salaried Employees (“Salaried Plan”); and the Raytheon Nonbargaining Retirement Plan (“Non-Bargaining Plan”) (collectively, “the Plans”). Case 1:19-cv-11425 Document 1 Filed 06/27/19 Page 1 of 39. 2 part of the Raytheon Master Pension Trust (“Master Trust”) in amounts that are ...It is possible to contact the GE Pension Benefits Inquiry Center by phone at 800-432-3450, as of August 2015. Employees can use this number when considering retirement or for quest...Programs include: the. Standard Missile family of state-of-the-art air and missile defense missiles, which are the U.S. Navy's primary defense against aircraft; ...Employees Retirement Plan are eligible for Company-provided retirement benefits as soon as age 55 on a reduced basis or at 65 on an unreduced basis. For detailed information …Are you dreaming of exploring the stunning landscapes, rich history, and vibrant culture of Ireland? Planning a trip to this enchanting country can be overwhelming, especially when...Enhanced Security! If you have not previously registered and created a new User Name and Password under the New Multi Factor Authentication Process you will need to Register as a first-time user. Click Here. If you have already registered under the new Enhanced Security, enter your username and password. User Name. Password. show. Login.The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. Its focus, which was originally on new refrigeration technology, soon shifted to electronics.The company's first product was a gaseous rectifier that was based on …Jan 28, 2021 · Raytheon Technologies Corp., Waltham, Mass., contributed $800 million to its U.S. defined benefit plans in the fourth quarter, spokesman Chris Johnson said in an email. After a bench trial on November 16, 1998, this Court ruled in the instant case that the Summary Plan Description of the Raytheon Company Pension Plan for Salaried Employees did not comply with the disclosure requirements of the Employee Retirement and Income Security Act of 1974, 29 U.S.C. §§ 1001 et seq., because it failed adequately to ...The Florida Retirement System manages the pension and defined contribution plans for all state employees, universities, police officers and more. Calculators Helpful Guides Compare...In taking this step, Raytheon is following a troublesome national trend to cut back defined pension plan benefits. It is our goal to make the Company more thoughtful in dealing with the pension benefits of both active and retired employees.Enhanced Security! If you have not previously registered and created a new User Name and Password under the New Multi Factor Authentication Process you will need to Register as a first-time user. Click Here. If you have already registered under the new Enhanced Security, enter your username and password. User Name. Password. show. Login.2021 Raytheon Savings and Investment Plan (RAYSIP) Documents - The Association of Raytheon Retirees. Below are the 2021 RAYSIP documents. The 2022 version will be available in January. RAYSIP at a Glance (PDF) Important Benefit Changes (PDF)Workplace Retirement Accounts. Those in Raytheon with a 401 (k), 403 (b), 457 plans, and similar accounts will see a $2,000 increase for 2023, the limit rising to $22,500. Those aged 50 and older will now have the ability to contribute an extra $7,500, bringing their total limit to $30,000. Once you reach age 73 you must begin taking required ... We draft QDROs for this plan, so if that is why you're here, please say hello. Plan & Company Information. RAYTHEON COMPANY. 870 WINTER STREET. WALTHAM, 24511-449. 781-522-3000. RAYTHEON COMPANY PENSION PLAN FOR SALARIED EMPLOYEES. KELLY B. LAPPIN RAYTHEON COMPANY. 870 WINTER STREET. For all queries relating to your pension, My Pension portal and pensioner payroll: Tel: 0330 123 0355. Email: [email protected]. Please contact [email protected] if you have any queries relating to your employment at Raytheon Systems Limited and how it affects your pension benefits or have any complaints.The Raytheon Excess Pension Plan ( Plan ) is hereby established effective January 1, 1999. The Plan is both an excess benefit plan as defined in Section 3 (36) of ERISA and a nonqualified, unfunded plan designed to provide supplemental retirement benefits to a select group of management or highly compensated employees within the meaning of ... RTX Pension Plan. 58 employees reported this benefit. 4. ★★★★★. 1 Rating. Available to US-based employees. Change location. Showing 1–1 of 1. Dec 8, 2014. Employer Summary. Raytheon provides retirement savings plans. retirement plan is comprehensive for a large companhy. Low 401K match compared to other companies. Retirement plan is matched by company. Keeps changing, never really sure how this works. 401k plan with match. Does not offer traditional pension. Great …A $59 million settlement has been reached to end claims that Raytheon Co. used outdated mortality rates to calculate pensions and shortchange retirees. Lead plaintiff, Johnny Cruz, claimed in a class action lawsuit filed 2019 that defense contractor Raytheon violated federal law by using old data to formulate benefits packages for retirement ... With a secure login you can access your own personal details, see what benefits you’ve built up in the Raytheon Systems Limited Pension Scheme (the Scheme) and find out how much you’re paying in if you are still building up benefits. If you’re a member of the Scheme, make sure you register to use this part of the site. We draft QDROs for this plan, so if that is why you're here, please say hello. Plan & Company Information. Company. RAYTHEON COMPANY. 870 WINTER STREET. WALTHAM, massachusetts 24511-449. 781-522-3000. Plan Name. RAYTHEON COMPANY PENSION PLAN FOR HOURLY EMPLOYEES. How to Navigate Pension Changes. Interest rates have increased rapidly over the course of 2022, and it is possible that if Raytheon offers you a pension which could be taken as a lump sum that these interest rates would impact that payment. Traditionally, when interest rates rise by 1% the amount in a lump-sum will drop by 8 - 12% (Again this ... Managed through numerous parent company corporate actions involving pension assets and liabilities, including mergers (Goodrich, Rockwell Collins, Raytheon), divestitures (Sikorsky, Otis, and ... This information has been assembled by multiple Raytheon folks and refers to the LEGACY Raytheon retirement. There are dozens of retirement plans across the company. OPTIMUM RETIREMENT TIME. Under the new PTO policy it looks like December 31, is the time to retire to optimize your PTO Time.Raytheon Company Pension Plan Waltham, MA, USA Login to View Email Login to View Phone Number Login to View Website. Follow. Industry Role: Login to Find Out . ... COMPANY PROFILES. NEWS. MEMBER POSTS. Investment Listings. AlphaMaven RSS Feeds RSS Feed - Private Investments RSS Feed - Hedge Funds Raytheon Company, the settlement will be worth about $59.2 million to more than 10,000 retirees and surviving spouses in five Raytheon pension plans who will see increased monthly benefits. Starting with the 2020 plan year, Raytheon will make a dollar-for-dollar contribution to your Raytheon Savings and Investment Plan (RAYSIP) account equal to the amount you pay in student loans, up to the amount of the company match you would otherwise be eligible to receive if you were making RAYSIP contributions.How to Navigate Pension Changes. Interest rates have increased rapidly over the course of 2022, and it is possible that if Raytheon offers you a pension which could be taken as a lump sum that these interest rates would impact that payment. Traditionally, when interest rates rise by 1% the amount in a lump-sum will drop by 8 - 12% (Again this ...Whether you’re looking to retire soon, thinking about early retirement or just beginning to consider life after work, you need to know everything you can about the pension plans av...If an Applicable Retirement Plan does not use final average earnings to determine retirement benefits, Final Average Earnings shall mean the final average earnings as defined under the Raytheon Company Pension Plan for Salaried Employees, determined -3- without application of the limitation on compensation imposed by Section 401(a) (17) …payments you receive through a traditional pension plan but with more flexibility. 2. Why is Raytheon Technologies offering the Lifetime Income Strategy? Over the years, we’ve seen retirement plans shift from traditional employer-funded pension plans to 401(k) savings plans, in which the individual is responsible for makingFor participants no longer employed by Raytheon Technologies and who are either under age 60 with a plan balance of less than $30,000, or who are age 60 or above, the QDIA is the age-appropriate Target Retirement Fund. *Excluding any company matching contributions, company automatic contributions (for profit sharing plans), or company …Feb 22, 2021 · The merger of the combined company, now called Raytheon Technologies Corp., closed in April and resulted in a single organization with more than $100 billion in retirement plan assets, the largest ... The recent merger of United Technologies Corp. and Raytheon Co. presented some unique challenges for UTC CIO Robin Diamonte and her investment …ARLINGTON, Va., Jan. 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported fourth quarter 2023 results and announces 2024 outlook. Fourth quarter 2023 Reported sales of $19.9 billion, up 10 percent versus prior year Adjusted sales* of $19.8 billion, up 10 percent versus prior year GAAP EPS from continuing operations of $1.05 included $0.29 of acquisition …Cruz worked for Raytheon for thirty-two years until his retirement in 2015 at age fifty-five. Docket No. 1 ¶ 8. He participates in the Raytheon Company Pension Plan for Hourly Employees ("Hourly Plan") and receives a 50% joint and survivor annuity. Id. ¶ 14. Cruz's wife is the survivor beneficiary of the annuity. Id.The specific plan sections included in this handbook constitute the summary plan descriptions for the legacy Raytheon benefit plans. If there is any difference between …This is a summary of the annual report of the Raytheon Retiree Health Benefits Plan, (Employer Identification Number 95-1778500, Plan Number 565), for the plan year 01/01/2022 through 12/31/2022.After a bench trial on November 16, 1998, this Court ruled in the instant case that the Summary Plan Description of the Raytheon Company Pension Plan for Salaried Employees did not comply with the disclosure requirements of the Employee Retirement and Income Security Act of 1974, 29 U.S.C. §§ 1001 et seq., because it failed adequately …Depending on the job you have, there can be several benefits that you might be entitled to. One of those benefits is a pension plan if the company you work for offers it. Contribut...Plan Name. RAYTHEON COMPANY PENSION PLAN FOR SALARIED EMPLOYEES. Plan Type. Defined Benefit Plan. ( Expanded Definition and Explanation ) Plan Administrator. 870 Winter St. Waltham, MA 02451-1449. 781-522-5080.Enhanced Security! If you have not previously registered and created a new User Name and Password under the New Multi Factor Authentication Process you will need to Register as a first-time user. Click Here. If you have already registered under the new Enhanced Security, enter your username and password. User Name. Password. show. Login.These documents may also be obtained free of charge from United Technologies by requesting them by mail at UTC Corporate Secretary, 10 Farm Springs Road, Farmington, CT, 06032, by telephone at 1-860-728-7870 or by email at [email protected]. The documents filed by Raytheon Company with the SEC may be obtained free of charge at …Raytheon offers several pension plans, all with different payout options. These pension plans have payout options that range from a one-time lump sum to the …Health and wellness plan. Medical, dental and vision plans provide coverage for both preventive and non-routine care. If you choose to participate in a health savings account, we also make a lump-sum contribution depending on your eligibility. Plus, we have a wellness program that rewards you for making healthy lifestyle choices.Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more. Raytheon Company Pension Plan is a defined-benefit plan covering all eligible employees ... Starting with the 2020 plan year, Raytheon will make a dollar-for-dollar contribution to your Raytheon Savings and Investment Plan (RAYSIP) account equal to the amount you pay in student loans, up to the amount of the company match you would otherwise be eligible to receive if you were making RAYSIP contributions. Plan”); the Raytheon Company Pension Plan for Salaried Employees (“Salaried Plan”); and the Raytheon Nonbargaining Retirement Plan (“Non-Bargaining Plan”) (collectively, “the Plans”). Case 1:19-cv-11425 Document 1 Filed 06/27/19 Page 1 of 39. 2 part of the Raytheon Master Pension Trust (“Master Trust”) in amounts that are ...After a bench trial on November 16, 1998, this Court ruled in the instant case that the Summary Plan Description of the Raytheon Company Pension Plan for Salaried Employees did not comply with the disclosure requirements of the Employee Retirement and Income Security Act of 1974, 29 U.S.C. §§ 1001 et seq., because it failed adequately to ...Looking ahead to 2020, the company will introduce a new Student Loan Repayment Contribution (SLRC) program, some state-mandated improvements to Global Choice …Most qualified retirement plans, including pensions, allow employees to borrow against them and then repay the plan with interest, according to Investopedia. One benefit of taking ...How can I tell if my pension plans are qualified plans? @Dowappy2002 . you neglected to tell TurboTax that all that income is RMD. answer YES to the confusing TurboTax question. April 15, 2022 9:45 AM. 0 1,668 Reply. Bookmark Icon. Still have questions? Make a post. Featured forums. Taxes. Lower Debt. Investing.We draft QDROs for this plan, so if that is why you're here, please say hello. Plan & Company Information. Company. RAYTHEON COMPANY. 870 WINTER STREET. WALTHAM, massachusetts 24511-449. 781-522-3000. Plan Name. RAYTHEON COMPANY PENSION PLAN FOR HOURLY EMPLOYEES.Raytheon Co. shortchanges certain workers’ retirement benefits by calculating their pensions using actuarial data that’s nearly 50 years old, according to a new class action complaint. The lawsuit was filed by longtime Raytheon employee Johnny Cruz, who says his early retirement pension is $57 per month less than he would have …Plan Administrator for the Raytheon Company Pension Plan for Hourly Employees, the Raytheon Company Pension Plan for Salaried Employees, the Raytheon Non-Bargaining Retirement Plan, the Raytheon Bargaining ... In re Citigroup Pension Plan ERISA Litig., 241 F.R.D. 172 (S.D.N.Y. 2006) ...Cruz v. Raytheon Company. Plaintiff brought this class action lawsuit on behalf of himself and all participants and beneficiaries of several Raytheon retirement plans (the “Plans”) who retired between June 27, 2013 and December 31, 2020, and are receiving a pension in the form of a joint and survivor annuity (“JSA”) or a pre-retirement ...The holiday season is upon us, and it’s time to start planning the annual company holiday party. One way to inject some fun into your company holiday party is by choosing a creativ...A company can issue new shares in a variety of ways: sell stock to investors, grant stock options to its employees or contribute stock to employee retirement accounts or pension pl...
State governments and private companies that have pension funds must list the funds as either an asset or a liability on their financial statements. If the pension has enough funds.... Chili's grill and bar madison menu
Whether you’re dreaming of building a barndominium or wondering how to repurpose shipping containers into your own signature domicile, you’ll need a well-designed plan. Look into t...In many defined benefit plans, like the ExxonMobil pension plan, current and future retirees are offered a lump-sum payout or a monthly pension benefit. Sometimes these plans have billions of dollars worth of unfunded pension liabilities, and in order to get the liability off the books, Raytheon may offer a lump-sum.Are you dreaming of exploring the stunning landscapes, rich history, and vibrant culture of Ireland? Planning a trip to this enchanting country can be overwhelming, especially when...Oct 13, 2022 · A Massachusetts federal judge has ruled that a former employee at Raytheon Technologies Corp., who has sued the company for pension plan benefits he claims he’s owed, will recover the bulk of ... BOSTON — Following her June 10 order denying an objector’s motion for reconsideration, a federal judge in Massachusetts on June 11 issued a final order and judgment on a $59 million class settlement of an action filed by a former Raytheon Co. employee who alleged that pension plans sponsored by Raytheon calculated joint and survivor annuity (JSA) …2021 Raytheon Savings and Investment Plan (RAYSIP) Documents - The Association of Raytheon Retirees. Below are the 2021 RAYSIP documents. The 2022 version will be available in January. RAYSIP at a Glance (PDF) Important Benefit Changes (PDF)Raytheon announced this week that it will reduce its pension obligations by $923 million, through the purchase of a group annuity contract from The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. According to details shared by both firms, the agreement transfers the responsibility for paying certain …2021 Raytheon Savings and Investment Plan (RAYSIP) Documents - The Association of Raytheon Retirees. Below are the 2021 RAYSIP documents. The 2022 version will be available in January. RAYSIP at a Glance (PDF) Important Benefit Changes (PDF)Raytheon Company Pension Plan Waltham, MA, USA Login to View Email Login to View Phone Number Login to View Website. Follow. Industry Role: Login to Find Out . ... COMPANY PROFILES. NEWS. MEMBER POSTS. Investment Listings. AlphaMaven RSS Feeds RSS Feed - Private Investments RSS Feed - Hedge FundsCount 1 alleged that he was entitled to equitable and declaratory relief against Raytheon and the pension-plan administrator under 29 U.S.C. § 1132(a)(3) and ERISA § 502(a)(3). Count 2 alleged that he was entitled to recover benefits from the Texas Instruments pension plan and the Raytheon retirement plan under ERISA § 502(a)(1)(B).If an Applicable Retirement Plan does not use final average earnings to determine retirement benefits, Final Average Earnings shall mean the final average earnings as defined under the Raytheon Company Pension Plan for Salaried Employees, determined without application of the limitation on compensation imposed by Section 401(a)(17) of the Code.Login Help If you have questions, BNY Mellon Pension Service Center representatives are available to assist you Monday through Friday from 8:00 a.m. to 6:00 p.m. Eastern Time. Please call 1-800-947-4748, option 1.The complaint said Raytheon used a 1971 mortality table to calculate annuities for pension plan participants. Mr. Cruz, whose complaint seeks class-action status, retired in 2015 at age 55, is a ...... Raytheon Company (the “Company”). Most employees ... Company's contributions and an allocation of plan earnings. ... Retirement Money Market Portfolio because they ...Dec 21, 2021 · 2021 Raytheon Savings and Investment Plan (RAYSIP) Documents. Below are the 2021 RAYSIP documents. The 2022 version will be available in January. RAYSIP at a Glance (PDF) Important Benefit Changes (PDF) The Raytheon Excess Pension Plan ( Plan ) is hereby established effective January 1, 1999. The Plan is both an excess benefit plan as defined in Section 3 (36) of ERISA and a nonqualified, unfunded plan designed to provide supplemental retirement benefits to a select group of management or highly compensated employees within the meaning of ...The Raytheon Pension Plan is a great retirement benefit for Raytheon employees. Your exact pension depends on your hire date, original hire company, and if you are management or not. The core pension benefit uses a calculation method looking at your years of service and final average pay or wage bands to determine your monthly annuity.and disclosure requirements for employers that sponsor defined benefit pension and other postretirement benefit (PRB) plans. This requires the service cost ...The Raytheon Excess Pension Plan (“Plan”) was established effective January 1, 1981, and has been amended from time to time since then. The Plan is both an excess benefit plan as defined in Section 3(36) of ERISA and a nonqualified, unfunded plan designed to provide supplemental retirement benefits to a select group of management or highly compensated employees within the meaning of ....
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