Income Tax Exemption for Employees' Contributions to Railroad Retirement Fund: Hearing Before the Committee on Ways and Means, House of Representatives, Eighty-fourth Congress, Second Session, on H.R. 10578 and H.R. 11764, Bills to Amend the Railroad Retirement Tax Act. July 3, 1956 |
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actuarial valuation additional amend the Railroad amount annuities assumptions average bill H. R. Chairman Committee on Interstate Congress deduction earnings employee contributions employee's employment estimated exclusion exemption favorable financed formula gross income House of Representatives income tax income-tax purposes increase in benefits individual interest Interstate and Foreign JERE COOPER KARSTEN Keith Thomson KEOGH labor legislation level cost MACHROWICZ March 13 MCCARTHY ment month Monthly benefit payable noncontributory OASI benefit old-age and survivors paid by employee payable to worker payments present private pension plans railroad employees railroad industry Railroad Pension Conference Railroad Retirement Act railroad retirement benefits Railroad Retirement Board railroad retirement contributions railroad retirement fund railroad retirement program railroad retirement system Railroad Retirement Tax Railway Labor Executives ranking minority member receive retired worker Retirement Tax Act revenue self-employed SMITH social security Social Security Act STACK statement supplemental pension survivor benefits tax rate taxable income treatment wages
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