Retirement System for Employees of Carriers: Hearing Before a Subcommittee...on S. 3151...July 11, 15, and 22, 1935 |
From inside the book
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Page 48
... earnings . The fact that it does perform that interstate switching service on that small part of its property brings it within the classi- fication of interurban railways engaged in interstate commerce . The complexity , of course , of ...
... earnings . The fact that it does perform that interstate switching service on that small part of its property brings it within the classi- fication of interurban railways engaged in interstate commerce . The complexity , of course , of ...
Page 52
... earning $ 300 per month , it would mean that in the first year of the time under which they received an annuity , and assuming that they have been in service 50 years , instead of the $ 30 for the first $ 50 earning , they will receive ...
... earning $ 300 per month , it would mean that in the first year of the time under which they received an annuity , and assuming that they have been in service 50 years , instead of the $ 30 for the first $ 50 earning , they will receive ...
Page 53
... earnings should be maintained and that there should be no camou- flage of the fact that he should receive credit for ... earnings . Mr. KRAUTHOFF . How much would that amount to ? Mr. CORBETT . It would depend on his earnings each month ...
... earnings should be maintained and that there should be no camou- flage of the fact that he should receive credit for ... earnings . Mr. KRAUTHOFF . How much would that amount to ? Mr. CORBETT . It would depend on his earnings each month ...
Page 88
... earnings and against employees who have maintained a steady level of income . Our survey has disclosed many such cases . Whether there are dis- criminations between classes of employees as well as between individuals , it has not yet ...
... earnings and against employees who have maintained a steady level of income . Our survey has disclosed many such cases . Whether there are dis- criminations between classes of employees as well as between individuals , it has not yet ...
Page 89
... earnings during the highest 12 consecutive months were about midway between the highest calendar year's earnings over the whole period of service and the earnings during the 20 selected months . As regards executive , technical , and ...
... earnings during the highest 12 consecutive months were about midway between the highest calendar year's earnings over the whole period of service and the earnings during the 20 selected months . As regards executive , technical , and ...
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Common terms and phrases
actuarial age of 65 amendment amount annuity payments apply assume average basis benefits BULWINKLE burden calculations carrier Chairman class I railroads commerce clause Commissioner EASTMAN committee companies Congress Constitution contributions CORBETT course decision disability disbursements earnings EDDY effective date EKERN employment relation estimate fact Federal fifth amendment fund Government income increase Interstate Commerce Act Interstate Commerce Commission labor LATIMER legislation levied ment month monthly compensation number of employees old-age paid PARMELEE pay roll payable pension plans pension system percent persons ployees present President prior service purpose question railroad employees railroad pension Railroad Retirement Act Railroad Retirement Board railway Railway Labor Act rates reason receive record regulate representative retirement system Senator BROWN Senator WAGNER service period short-line railroads Social Security Act social security bill statement Supreme Court tion transportation Treasury unconstitutional United wages
Popular passages
Page 16 - The party who invokes the power must be able to show not only that the statute is invalid but that he has sustained or is immediately in danger of sustaining some direct injury as the result of its enforcement, and not merely that he suffers in some indefinite way in common with people generally.
Page 101 - carrier" shall not include any street, interurban, or suburban electric railway, unless such railway is operating as a part of a general steam-railroad system of transportation, but shall not exclude any part of the general steam-railroad system of transportation now or hereafter operated by any other motive power.
Page 129 - Congress, in the execution of its powers, adopt measures which are prohibited by the constitution ; or should Congress, under the pretext of executing its powers pass laws for the accomplishment of objects not intrusted to the government, it would become the painful duty of this tribunal, should a case requiring such a decision come before it, to say that such an act was not the law of the land.
Page 12 - Notwithstanding any other law of the United States, or of any State, Territory, or of the District of Columbia, no annuity or pension payment shall be assignable or be subject to any tax or to garnishment, attachment, or other legal process under any circumstances whatsoever, nor shall the payment thereof be anticipated.
Page 40 - ... 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 29 - employee" as used herein includes every person in the service of a carrier (subject to its continuing authority to supervise and direct the manner of rendition of his service...
Page 58 - Personnel SEC. 10. (a) There is hereby established as an independent agency in the executive branch of the Government a Railroad Retirement Board, to be 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 121 - In our view the necessary effect of this act is, by means of a prohibition against the movement in interstate commerce of ordinary commercial commodities, to regulate the hours of labor of children in factories and mines within the States — a purely State authority. Thus the act in a twofold sense is repugnant to the Constitution. It not only transcends the authority delegated to Congress over commerce, but also exerts a power as to a purely local matter to which the Federal authority does not...
Page 39 - carrier" includes any express company, sleeping-car company, carrier by railroad, subject to the Interstate Commerce Act, and any company which is directly or indirectly owned or controlled by or under common control with any carrier by railroad and which operates any equipment or facilities or performs any service (other than trucking service) in connection with the transportation, receipt, delivery, elevation, transfer in transit, refrigeration or icing, storage, and handling of property transported...
Page 24 - So long as the motive of Congress and the effect of its legislative action are to secure revenue for the benefit of the general government, the existence of other motives in the selection of the subjects of taxes cannot invalidate Congressional action.