Railroad Retirement Amendments, 1973: Hearings, Ninety-third Congress, First Session, on S. 1867 ...
United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Railroad Retirement
U.S. Government Printing Office, 1973 - Government publications - 450 pages
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additional agree agreement amended amount annuity application authority basis become believe beneficiaries benefit increases bill Board carriers Chairman changes Code collective bargaining Commission Committee computed Congress cost covered December 31 DEMPSEY determined disability earnings effective employee enactment entitled equal extend financing fund further going House imposed included increases individual industry inserting Internal Internal Revenue Code Interstate issues January July June 30 labor legislation March matter ment month monthly negotiations paragraph parties passed payable payments pension percent period permanent preceding present problem proposed provisions Public Law Railroad Retirement Act railroad retirement system Railroad Retirement Tax Railway reason received recommendations reduction rendered representatives respect result Senator HATHAWAY Senator SCHWEIKER September Social Security Act social security benefits solution statement striking subsection temporary thereof tion unions wages widow
Page 418 - of the complaint thus made shall be forwarded by the Commission to such common carrier, who shall be called upon to satisfy the complaint, or to answer the same in writing, within a reasonable time, to bo specified by the Commission. If such common carrier within the
Page 408 - Subchapter C—Tax on Employers ******* SEC. 3221. RATE OF TAX [(a) In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to— [(1) 6% percent of so much of the compensation paid by such employer for services rendered to him after September 30, 1965,
Page 409 - as is, with respect to any employee for any calendar month, not in excess of an amount equal to one-twelfth of the current maximum annual taxable "wages" as defined in section 3121 of the Internal Revenue Code of 1954 for any month after September 30, 1973; except that if an employee is paid compensation after September 30,
Page 319 - politic or municipal organization, or any common carrier, complaining of anything done or omitted to be done by any common carrier subject to the provisions of this part, in contravention of the provisions thereof, may apply to said Commission by
Page 410 - by section 3111 (b) of such Code. (c) In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, for each man-hour for which compensation is paid by such employer for services rendered to him during any calendar quarter, (1) at
Page 303 - If upon computation of the compensation quarters of coverage in accordance with the above table an employee is found to lack a completely or partially insured status which he would have if compensation paid in a calendar year were presumed to have been paid in equal proportions with respect to all months in the year in
Page 408 - (b) In addition to other taxes, there is hereby imposed on the income of each employee representative a tax at a rate equal to the rate of excise tax imposed on every employer, provided for in section 3221 (c), for each man-hour for which compensation is paid to him for services rendered as an employee representative.
Page 407 - and the aggregate of such compensation is in excess of [(i) $450, or (ii)] an amount equal to one-twelfth of the current maximum annual taxable "wages" as defined in section 3121 of the Internal Revenue Code of 1954 [, whichever is greater,] for any month after September 30,  1973,
Page 409 - 1973, to the employee for services rendered during such month bears to the total compensation paid by all such employers after September 30,  1973, to such employee for services rendered during such month - and in the event that the compensation so paid by such employers to the employee for services rendered during
Page 308 - and the aggregate of such compensation is in excess of [(i) $450, or (ii)] an amount equal to one-twelfth of the current maximum annual taxable "wages" as defined in section 3121 of the Internal Revenue Code of 1954 [, whichever is greater,] for any month after [September 30, 1965]