Railroad Retirement and Railroad Unemployment Insurance Legislation

Bevan, David C., financial vice president, Pennsylvania Railroad Co
Blatnik, Hon. John A., a Representative in Congress from the State
of Minnesota___

Burdick, Hon. Usher L., a Representative in Congress from the State

of North Dakota_.

307

Calhoun, Leonard J., consultant, Association of American Railroads. 391, 427

Cole, Hon. Sterling, a Representative in Congress from the State of

New York_.

Davis, Hon. James C., a Representative in Congress from the State

of Georgia

Dorn, Hon. W. J. Bryan, a Representative in Congress from the
State of South Carolina_

Fain, Guy F., grand president, National Association of Retired and

Veteran Railway Employees.

304

Finney, Gerald D., general attorney, law department, Association of

American Railroads.

391

George, Hon. Myron V., a Representative in Congress from the State
of Kansas..

Habermeyer, Hon. Howard W., Chairman, Railroad Retirement
Board..

Harper, Hon. Horace W., member, Railroad Retirement Board.

Healy, Hon. Thomas M., member, Railroad Retirement Board___

Hyde, Hon. De Witt S., a Representative in Congress from the State

of Maryland.

Jennings, Hon. W. Pat, a Representative in Congress from the State

of Virginia_

106

410

Loomis, Daniel P., chairman, Association of Western Railways_

Macdonald, Hon. Torbert H., a Representative in Congress from the

State of Massachusetts. -

Monroe, J. Elmer, vice president, Association of American Railroads,
and director, Bureau of Railway Economics___.

391, 443

Myers, Robert J., Chief Actuary, Social Security Administration_-_-
Niessen, Abraham M., Chief Actuary, Railroad Retirement Board...
Oliver, E. L., economic adviser, Railway Labor Executives' Associa-
tion and Brotherhood of Locomotive Engineers___

Perkins, Hon. Carl D., a Representative in Congress from the State

of Kentucky..

165

173

255

126

Poff, Hon. Richard H., a Representative in Congress from the State

of Virginia...

101

Rabaut, Hon. Louis C., a Representative in Congress from the State

of Michigan..

100

Rhodes, Hon. George M., a Representative in Congress from the State

of Pennsylvania_

Rice, W. Thomas, president, Richmond, Fredericksburg & Potomac
Railroad__

Schoene, Lester P., representing Railway Labor Executives' Associa-

tion and Brotherhood of Locomotive Engineers...

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

383

188, 204
280

Statement of-Continued

Staggers, Hon. Harley, O., a Representative in Congress from the

State of West Virginia_

Page

Thomson, Hon. Keith, a Representative in Congress from the State
of Wyoming..

107

Tollefson, Hon. Thor C., a Representative in Congress from the State

of Washington.

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

State of Pennsylvania_

Vursell, Hon. Charles W., a Representative in Congress from the

State of Illinois_-

Whitley, Mrs. Edythe, Nashville, Tenn..

249

Zelenko, Hon. Herbert, a Representative in Congress from the State

of New York.

100

Additional information submitted for the record by-

Association of American Railroads:

Letter from Gerald D. Finney, transmitting additional informa-

tion____

474

Percent Federal income taxes of net income reported to Inter-

state Commerce Commission, 1956, letter from Gerald D.

Finney--

405

Bennett, Hon. Charles E., letters from

82, 491

Breeding, Hon. J. Floyd, letter from, transmitting correspondence

from several constituents___

109

Celler, Hon. Emanuel, letter from

107

Grand Association of Veteran Railway Employees, Inc., statement

of J. R. Taylor, president.......

Harris, Hon. Oren:

491

Comparison of benefit provisions and average benefits awarded

and being paid in January 1957 under the Railroad Retirement

Act and the Social Security Act, table..

120

List of bills pending before committee_

114

Principal provisions and level costs of bills pending before House
of Representatives, March 5, 1957, table..

117

Monroe, J. Elmer:

Additional annual payroll taxes that would be payable under

provisions of H. R. 4353, table__

453

Annual cost of increases in labor expenses and material prices

since January 1, 1955, table..

450

Distribution of commercial intercity freight traffic, table.

453

Distribution of gross revenues, chart--

446

Distribution of railroad revenue dollar, chart and table.

447, 448

United States, table___

Gross revenues and net earnings, railroads of class I in the

National Railroad Pension Forum, Inc.:

444

Letter from F. K. Higginbottom..

286

Letter from Thomas G. Stack, president.

460

Letter sent by Railroad Retirement Board to all railroads_

290

Statement of Walt Sands, public relations-research director____

295

Oliver, E. L.:

Revealed at area meeting-What the Engineers Are Doing from

Rabaut, Hon. Louis C.: Proposed amendment to H. R. 900_.

Railroad Retirement Board:

101

Assumed percentages of future retirants under the Railroad

Retirement Act who will also be eligible for a social security

old-age benefit, table___

176

Effect of permitting earnings up to $1,500 or $1,800 a year with-

out suspension of survivor's annuity under the Railroad Retire-

ment Act...

146

Letter from Howard W. Habermeyer, Chairman, transmitting

information on pension plans in the transportation industry

other than railroads..

495

Additional information submitted for the record by-Continued
Railroad Retirement Board-Continued

Letter from Howard W. Habermeyer, Chairman, with respect to
retirement plans under the jurisdiction of the Federal Govern-
ment_

Page

183

Letter from Howard W. Habermeyer, Chairman, with respect to
supplemental pension systems__

290

Letter from Thomas M. Healy, member, with respect to supple-
mental private pension plans_ - - -

161

Supplemental statement of

Schoene, Lester P.:

Financial Impact of Pension Costs on the Railroad Industry, by
Robert J. Myers, reprinted from Labor Law Journal, May 1956..
Information with respect to unemployment benefits paid to
railroad employees_.

St. George, Hon. Katharine, letter from, referring to testimony of
June 2, 1954_.

237

227

461

108

Van Zandt, Hon. James E.:

How railroad retirement and survivor benefits compare with
social-security benefits__

Statement by the President_

RAILROAD RETIREMENT AND RAILROAD UNEMPLOY

MENT INSURANCE LEGISLATION

MONDAY, MARCH 11, 1957

ROUSE OF REPRESENTATIVES,

SUBCOMMITTEE ON COMMERCE AND FINANCE

OF THE COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE,

Washington, D. C.

The subcommittee met at 10 a. m., pursuant to call, in room 1334, New House Office Building, Hon. Peter F. Mack, Jr. (chairman of the subcommittee), presiding.

Mr. MACK. The committee will be in order.

Pursuant to the direction of the distinguished chairman of the Committee on Interstate and Foreign Commerce, the Honorable Oren Harris, of Arkansas, the Subcommittee on Commerce and Finance is meeting this morning to hear from the Members of Congress who have introduced legislation pending before this committee to amend the Railroad Retirement Act and the Railroad Unemployment Insurance Act.

There are 44 such bills pending before the committee, and they were introduced by 30 Members of Congress. The list of bills and the authors of such bills are as follows:

H. R. 583, by Mr. Celler, of New York.

H. R. 850, by Mr. O'Brien, of New York.

H. R. 880, by Mr. Poff, of Virginia.

H. R. 900, by Mr. Rabaut, of Michigan.

H. R. 1008, by our colleague on this committee, Mr. Williams, of Mississippi.

H. R. 2033, by Mrs. St. George, of New York.

H. R. 2164, H. R. 2165, and H. R. 2166, by Mr. Powell, of New York.

H. R. 2233, by Mr. O'Konski, of Wisconsin.

H. R. 3115, H. R. 3116, H. R. 3420, H. R. 3421, and H. R. 3422, by Mr. Van Zandt, of Pennsylvania.

H. R. 3545, by Mr. Zelenko, of New York.

H. R. 3755 and H. R. 3756, by Mr. Cunningham, of Iowa.

H. R. 3855, by Mr. O'Konski, of Wisconsin.

H. R. 3974, by Mr. Dorn, of South Carolina.

H. R. 4187, by Mr. Burdick, of North Dakota.

H. R. 4194 and H. R. 4195, by Mr. Davis, of Georgia.

H. R. 4312, by Mr. Vursell, of Illinois.

H. R. 4353, by our distinguished chairman of this committee, Mr. Harris, of Arkansas.

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