COMMITTEE ON INTERSTATE AND TOGETHER WITH MINORITY VIEWS [To accompany H.R. 7200] MAY 11, 1973.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed 96-447 O 73 - 22 U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1973 COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE HARLEY O. STAGGERS, West Virginia, Chairman TORBERTH. MACDONALD, Massachusetts JOHN JARMAN, Oklahoma JOHN E. MOSS, California JOHN D. DINGELL, Michigan PAUL G. ROGERS, Florida LIONEL VAN DEERLIN, California FRED B. ROONEY, Pennsylvania DAVID E. SATTERFIELD III, Virginia. W. S. (BILL) STUCKEY, JR., Georgia BOB ECKHARDT, Texas JOHN BRECKINRIDGE, Kentucky SAMUEL L. DEVINE, Ohio ANCHER NELSEN, Minnesota JAMES T. BROYHILL, North Carolina TIM LEE CARTER, Kentucky JAMES F. HASTINGS, New York JOHN Y. MCCOLLISTER, Nebraska BARRY M. GOLDWATER, JR., California H. JOHN HEINZ III, Pennsylvania W. E. WILLIAMSON, Clerk KENNETH J. PAINTER, Assistant Clerk (11) CONTENTS Principal Purpose of the Bill.. Problems of the Railroad Retirement System_ The Commission on Railroad Retirement_ Freight Rate Increases Under the Bill. Intrastate Rate Increases_. Labor Cost and Other Cost Increases-- Temporary Benefit Increases_. Memorandum of Understanding-. General Explanation of the Bill Section-by-Section Analysis_-_. Agency Reports__. Appendix A: Memorandum of Understanding of March 7, 1973 Appendix B: Progress of Negotiations__ Appendix C: Recommendations of Commission on Railroad Retirement__ Appendix D: Changes in Existing Law_ Minority Views- (III) Page 8 9 10 10 11 12 27 33 36 38 40 85 MAY 11, 1973.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. STAGGERS, from the Committee on Interstate and REPORT together with minority views [To accompany H.R. 7200] The Committee on Interstate and Foreign Commerce, to whom was referred the bill (H.R. 7200) to amend the Railroad Retirement Act of 1937 and the Railroad Retirement Tax Act to revise certain eligibility conditions for annuities; to change the railroad retirement tax rates; and to amend the Interstate Commerce Act in order to improve the procedures pertaining to certain rate adjustments for carriers subject to part I of this Act, and for other purposes, having considered the same, report favorably thereon with amendments and recommend that the bill as amended do pass. The amendments, as they appear in the reported bill, are as follows: (1) Page 8, line 5, immediately after "striking out" insert "section 3(a) (3), (4), or (5) of this Act' and inserting in lieu thereof". (2) Page 10, line 20, immediately after "date" and before the period insert the following: ": Provided, however, That such amendments shall not be applicable to any dock company or common carrier railroad with respect to those of its employees covered as of October 1, 1973, by a private supplemental pension plan established through collective bargaining, where a moratorium in an agreement made on or before March 8, 1973, is applicable to changes in rates of pay contained in the current collective-bargaining agreement covering such employees, until the earlier of (1) the date as of which such moratorium expires, or (2) the date as of which such dock company or common carrier railroad agrees through collective bargaining to make the provisions of such amendments applicable”. (3) Page 11, line 22, insert "(a)" immediately after "(4)". (4) Page 12, beginning in line 6, strike out "or as a result of any future increases in taxes under the Railroad Retirement Tax Act, as |