Restructuring of the Railroad Retirement System: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Ninety-third Congress, Second Session, on H.R. 15301 .... |
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Page 198
... benefits be administered , even the social security part of it , by the ... tier system as recommended by the Commission would probably be the neatest ... 1 , 1975 , would have his benefit cal- culated on the basis of the new formula ...
... benefits be administered , even the social security part of it , by the ... tier system as recommended by the Commission would probably be the neatest ... 1 , 1975 , would have his benefit cal- culated on the basis of the new formula ...
Page 213
... benefits , because I think what we are talking about here is the impact , and it appears to be a totally unequitable ... tier 1 , the first component of his railroad retirement benefit . It , of course , would be- financed by social security ...
... benefits , because I think what we are talking about here is the impact , and it appears to be a totally unequitable ... tier 1 , the first component of his railroad retirement benefit . It , of course , would be- financed by social security ...
Page 219
... benefits as of January 1 , 1975. Well , social security has no residual benefits , and inasmuch as we reduced our ... tier 1 , but we will not propose any changes in the Railroad Retirement Act , the tier 2 portion , between now and ...
... benefits as of January 1 , 1975. Well , social security has no residual benefits , and inasmuch as we reduced our ... tier 1 , but we will not propose any changes in the Railroad Retirement Act , the tier 2 portion , between now and ...
Page 221
... tier " system , it does in effect deliniate a Social Security tier with a ... benefits should protect the vested rights of existing employees and bene ... 1 , 1975 - at least 10 years of railroad service plus sufficient quarters of Social ...
... tier " system , it does in effect deliniate a Social Security tier with a ... benefits should protect the vested rights of existing employees and bene ... 1 , 1975 - at least 10 years of railroad service plus sufficient quarters of Social ...
Page 231
... benefit improvements , 3.10 percent . Now , if that is an improvement in benefits for the second tier , does the in ... 1 percent . Now , within the limits of actuarial tolerance , that is regarded as no substantial problem . Mr. Dennis ...
... benefit improvements , 3.10 percent . Now , if that is an improvement in benefits for the second tier , does the in ... 1 percent . Now , within the limits of actuarial tolerance , that is regarded as no substantial problem . Mr. Dennis ...
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Common terms and phrases
actuarial AFL-CIO amendments annuity under section attained age August 29 basis benefit based benefit formula bill calendar CARDWELL centum CHAIRMAN change No change clause Commission on Railroad committee compensation computed Congress cost CowEN credited current connection December 31 deficit DEMPSEY disability effect eligible employee annuity employee's enacted entitled financial interchange increases individual insurance benefit KUYKENDALL labor maximum ment million month paid paragraph payable payment pension percent prior to January problem provision No provision railroad employees railroad industry Railroad Retirement Account Railroad Retirement Act railroad retirement benefits Railroad Retirement Board railroad retirement fund railroad retirement program railroad retirement system railroad service receive recommendations reduced retirement and social road retirement security trust funds SHOUP SKUBITZ Social Security Act Social Security Administration social security benefit social security system social security trust spouse subdivision subsection supplemental annuity taxable payroll tier 1 benefits tion wages windfall dual benefits