Retirement System for Interstate Carriers' Employees: Hearings on S. 2395...May 21, June 1 and 2, 1937 |
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Page 14
... give them credit for their service performed prior to the first day of January 1937 , only for their pro- rata share of the service in the United States , as compared with the total of service rendered . Senator WHITE . Of the three or ...
... give them credit for their service performed prior to the first day of January 1937 , only for their pro- rata share of the service in the United States , as compared with the total of service rendered . Senator WHITE . Of the three or ...
Page 15
... give him credit for his United States service on and after the 1st day of January 1937. Then we go back and give him credit for two - thirds of the amount of service that he performed prior to that date ; because the compensation earned ...
... give him credit for his United States service on and after the 1st day of January 1937. Then we go back and give him credit for two - thirds of the amount of service that he performed prior to that date ; because the compensation earned ...
Page 20
... gives you $ 1.50 . That makes his $ 150 salary . So he is entitled to $ 2.50 multiplied by the 20 years of service . Twenty times $ 2.50 would give that man a pension of $ 50 . If he had 30 years ' service , or any other number of years ...
... gives you $ 1.50 . That makes his $ 150 salary . So he is entitled to $ 2.50 multiplied by the 20 years of service . Twenty times $ 2.50 would give that man a pension of $ 50 . If he had 30 years ' service , or any other number of years ...
Page 23
... give them a pension that will permit them to live in their old age . Some day we hope to liberalize that so that every one of them will get at least that . We have introduced a provision to aid the low - paid men to some extent , and I ...
... give them a pension that will permit them to live in their old age . Some day we hope to liberalize that so that every one of them will get at least that . We have introduced a provision to aid the low - paid men to some extent , and I ...
Page 25
... give them a contribution to tide them over in those emergencies ; and such arrangements are in no wise affected by this legislation . We will take over and put under the Retirement Act , as I say , all persons who are on the gratuity or ...
... give them a contribution to tide them over in those emergencies ; and such arrangements are in no wise affected by this legislation . We will take over and put under the Retirement Act , as I say , all persons who are on the gratuity or ...
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Common terms and phrases
actuarial age of 65 age sixty-five agreement amendatory Act amendment amount annuity begins appropriation August 29 begins to accrue Brotherhood BULKLEY BURTON K calendar month Canadian Chairman class I railroads committee Congress Court death benefit December 31 earned EKERN employer service employment relation enactment date express companies FLETCHER furlough HARRISON Interstate Commerce Act labor chiefs LATIMER legislation ment monthly compensation National Pension Association one-fifteenth operation paid pension or gratuity pension rolls pension system percent person present act present law President prior service prior to January question rail railroad employees Railroad Retirement Act Railroad Retirement Board railroad service Railway Labor Executives reduction relinquished all rights representative return to employer rights to return ROYSTER Senator BARKLEY Senator BONE Senator BROWN Senator DAVIS Senator DIETERICH Senator WAGNER Senator WHITE Social Security Act statement subdivision tion totally and permanently Treasury United wages widow
Popular passages
Page 9 - Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
Page 9 - For such purpose, such obligations may be acquired (1) on original issue at the issue price, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations of the United States may be issued under the Second Liberty Bond Act, as amended, are hereby extended to authorize the issuance at par of special obligations exclusively to the fund.
Page 8 - Act of 1923, as amended, and may, without regard to the provisions of the civilservice laws and the Classification Act...
Page 7 - ... prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term; and (2) the terms of office of the members first taking office after the date of enactment of this Act...
Page 71 - ... located in the United States; and an individual shall be deemed to be in the service of such a general committee only if...
Page 9 - Board and shall have authority to recommend to the Board such changes in actuarial methods as they may deem necessary. The compensation of the members of the committee of actuaries, exclusive of the member designated by the Secretary, shall be fixed by the Board on a per-diem basis.
Page 48 - Treasury shall submit annually to the Bureau of the Budget an estimate of the appropriations to be made to the Account.
Page 7 - Government and composed of three members appointed by the President, by and with the advice and consent of the Senate. Each member shall hold office for a term of five years, except that any member appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of the term and...
Page 3 - Act, as amended, and their State and National legislative committees and their general committees and their insurance departments and their local lodges and divisions, established pursuant to the constitution and by-laws of such organizations. (b) The term "employee...
Page 30 - Notwithstanding any other law of the United States, or of any State, Territory, or the District of Columbia, no annuity or pension payment shall be assignable or be subject to any tax or to garnishment, or attachment, or other legal process under any circumstances whatsoever, nor shall the payment thereof be anticipated.