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AMENDING RAILROAD RETIREMENT ACT, RAILROAD RETIREMENT TAX ACT, AND RAILROAD

UNEMPLOYMENT INSURANCE ACT

HEARINGS

BEFORE THE

COMMITTEE ONOCERY INTERSTATE AND FOREIGN COMMERCE HOUSE OF REPRESENTATIVES EIGHTY-THIRD CONGRESS

SECOND SESSION

ON

H. R. 7840

A BILL TO AMEND THE RAILROAD RETIREMENT ACT,
THE RAILROAD RETIREMENT TAX ACT, AND THE

RAILROAD UNEMPLOYMENT INSURANCE ACT

MARCH 9, 10, 12, 16, AND 17, 1954

Printed for the use of the Committee on Interstate and Foreign Commerce

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COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE

CHARLES A. WOLVERTON, New Jersey, Chairman
CARL HINSHAW, California

ROBERT CROSSER, Ohio
JOSEPH P. O'HARA, Minnesota

J. PERCY PRIEST, Tennessee
ROBERT HALE, Maine

OREN HARRIS, Arkansas
JAMES I. DOLLIVER, Iowa

DWIGHT L. ROGERS, Florida
JOHN W. HESELTON, Massachusetts

ARTHUR G. KLEIN, New York
JOHN B. BENNETT, Michigan

WILLIAM T. GRANAHAN, Pennsylvania
RICHARD W. HOFFMAN, Illinois

F. ERTEL CARLYLE, North Carolina
JOHN V. BEAMER, Indiana

JOHN BELL WILLIAMS, Mississippi
WILLIAM L. SPRINGER, Illinois

PETER F. MACK, JR., Illinois
ALVIN R. BUSH, Pennsylvania

HOMER THORNBERRY, Texas
PAUL F. SCHENCK, Ohio

LOUIS B. HELLER, New York
JOSEPH L. CARRIGG, Pennsylvania

KENNETH A. ROBERTS, Alabama
HERBERT B. WARBURTON, Delaware MORGAN M. MOULDER, Missouri
STEVEN B, DEROUNIAN, New York

HARLEY 0. STAGGERS, West Virginia
THOMAS M. PELLY, Washington
J. ARTHUR YOUNGER, California

ELTON J. LAYTON, Clerk

Professional Stai

KURT BORCHARDT
SAM G. SPAL

ANDREW STEVENSON
A. E. STOCKBERGER

CONTENTS

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Page

Text of H. R. 7840.

Report of —

Bureau of the Budget.--

Railroad Retirement Board.--

Statement of

Bennett, Hon. Charles E., a Representative in Congress from the

State of Florida.

Ettenger, R. L., Jr., assistant vice president, Association of American

Railroads.----------

Fort, Carter, general counsel and vice president, Association of
American Railroads.----

161
Getty, Graham E., assistant vice president and assistant director,
bureau of railway economics, Association of American Railroads.--

133
Harper, Horace W., member, Railroad Retirement Board --------- 89, 95
Kelly, Raymond J., Chairman, Railroad Retirement Board.--
Lyon, A. E., executive secretary, Railway Labor Executives' Asso-

ciation-------------------
Squire, F. C., member, Railroad Retirement Board.--

- 95, 101

Stack. Thomas, president, National Railroad Pension Forum, Inc.---

Van Zandt, Hon. James E., a Representative in Congress from the

State of Pennsylvania.---.

------------ 18

Additional information submitted for the record by-

Association of American Railroads:

Dividends declared, railways of class I in the United States,

tables.----

159

Letter from Carter Fort, transmitting further information - 172

Letter from Graham E. Getty, assistant vice president .----- 150

Report on H. R. 7843------

Bennett, Hon. Charles E., letter from, transmitting statement from

Grand Association of Veteran Railway Employees.-----

Locomotive Engineers, Brotherhood of, letter from Lawrence V.

Byrnes, assistant grand chief engineer and national legislative repre-

sentative. --------------------------------------------------
Locomotive Firemen and Enginemen, Brotherhood of, letter from

A. M. Lampley, vice president and national legislative represent-

ative...

National Railroad Pension Forum, Inc.:

Douglas, Hon. Paul H., extension of remarks in United States

Senate, August 3, 1953.--

Letter and telegrams in opposition to H. R. 7840..-.. ------ 71, 72

Railroad Retirement Board

Letter from Raymond J. Kelly, Chairman, transmitting further

information ---

Letter from Raymond J. Kelly, Chairman, and Horace W.

Harper, member, transmitting proposal to amend sections

303 and 304.....

Letter from F. C. Squire, member, regarding amendments to

sections 303 and 304...

Suggested amendment to section 304 ---
Railroad Trainmen, Brotherhood of, letter from Harry See, national

legislative representative
Railway Conductors, Order of, letter from W. D. Johnson, vice

president and national legislative representative-----

Railway Labor Executives' Association:

Annual cost and level rate required to support the Railroad

Retirement Act as revised by proposed amendment, table.--. 29

Labor Department press release, February 19, 1954.----

Letters from A. E. Lvon, transmitting additional information. 1, 57, 58

Report on H. R. 7843.----

Supplemental statement of A. E. Lyon.-----

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TATION INC

02/95 mm -

AMENDING RAILROAD RETIREMENT ACT, RAILROAD RETIREMENT TAX ACT, AND RAILROAD

UNEMPLOYMENT INSURANCE ACT

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COMMITTEE ON

ONOCE INTERSTATE AND FOREIGN COMMERCE

HOUSE OF REPRESENTATIVES

EIGHTY-THIRD CONGRESS

SECOND SESSION

ON

H. R. 7840

A BILL TO AMEND THE RAILROAD RETIREMENT ACT,
THE RAILROAD RETIREMENT TAX ACT, AND THE

RAILROAD UNEMPLOYMENT INSURANCE ACT

MARCH 9, 10, 12, 16, AND 17, 1954

Printed for the use of the Committee on Interstate and Foreign Commerce

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON : 1954

45159

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