Railroad Retirement and Railroad Unemployment Insurance Legislation |
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Page 27
... limit on creditable monthly compensation would be raised retroactively to $ 350 . Under present law , the limit is $ 300 a month per employee on all service before July 1954 with a limit of $ 350 a month thereafter . 4. The provision in ...
... limit on creditable monthly compensation would be raised retroactively to $ 350 . Under present law , the limit is $ 300 a month per employee on all service before July 1954 with a limit of $ 350 a month thereafter . 4. The provision in ...
Page 30
... limit of $ 350 a month per employee . A recent actuarial estimate shows that the level cost of the benefits under the act is about 15.70 percent of payroll , indicating a present de- ficiency of about 3.20 percent of payroll or $ 170 ...
... limit of $ 350 a month per employee . A recent actuarial estimate shows that the level cost of the benefits under the act is about 15.70 percent of payroll , indicating a present de- ficiency of about 3.20 percent of payroll or $ 170 ...
Page 32
... limit on monthly compensation ) , or $ 170 million a year . 2. The bill makes no provision for financing the additional cost which its en- actment would entail . 3. The railroad retirement system cannot absorb the added cost because a ...
... limit on monthly compensation ) , or $ 170 million a year . 2. The bill makes no provision for financing the additional cost which its en- actment would entail . 3. The railroad retirement system cannot absorb the added cost because a ...
Page 34
... limit of $ 350 a month per employee . A recent actuarial estimate shows that the level cost of benefits under the act is 15.70 percent of taxable payroll , indicating a present deficiency of 3.20 percent of payroll or $ 170 million a ...
... limit of $ 350 a month per employee . A recent actuarial estimate shows that the level cost of benefits under the act is 15.70 percent of taxable payroll , indicating a present deficiency of 3.20 percent of payroll or $ 170 million a ...
Page 44
... limit ( $ 750 ) is three times higher than that provided under OASI . Furthermore the railroad system also provides residual lump - sum payments which are not provided under OASI . The risk protected by this insurance payment is ...
... limit ( $ 750 ) is three times higher than that provided under OASI . Furthermore the railroad system also provides residual lump - sum payments which are not provided under OASI . The risk protected by this insurance payment is ...
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Common terms and phrases
actuarial additional amend the Railroad amount annuity AVERY base basis beneficiaries benefit rate bill H. R. capital CHAIRMAN class I railroads committee Congress contributions debt deficit DINGELL disability earnings effect enacted equipment estimated financial interchange financing HABERMEYER HALE HARPER HEALY income tax increase investment June 30 legislation MACK maximum ment million month monthly compensation Moss Myers NIESSEN O'HARA OASI OREN HARRIS paid payable payment payroll taxes Pennsylvania Railroad percent of payroll period present law proposed question rail railroad employees railroad industry Railroad Retirement Act Railroad Retirement Board railroad retirement system Railroad Retirement Tax Railroad Unemployment Insurance railroad workers Railway Labor Railway Labor Executives receive Representatives respect retirement benefits retirement fund revenues road Retirement SCHOENE Social Security Act spouses STACK statement survivor benefits tax rate Thank tion unem unemployed unemployment benefits Unemployment Insurance Act wage widows YOUNGER Zandt
Popular passages
Page 5 - Be it enacted by the Senate and Bouse of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Housing Amendments of 1957".
Page 11 - No annuity shall be paid with respect to any month In which an individual In receipt of an annuity hereunder shall render compensated service to an employer or to the last person by whom he was employed prior to the date on which the annuity began to accrue.
Page 41 - The reductions referred to are made only in cases where individuals are entitled to benefits under both the Railroad Retirement Act and the Social Security Act.
Page 482 - An employee shall not be eligible for benefits for any week in which his total or partial unemployment is directly due to a labor dispute still in active progress in the establishment in which he is or was last employed.
Page 20 - years of service" total— 10 and less than 15 7 (but not more than 65 days). 15 and over 13. but no such extended benefit period shall extend beyond the beginning of the first registration period in a benefit year in which the employee is again qualified for benefits in accordance with section 3 of this Act on the basis of compensation earned after the first of such successive 14-day periods has begun.
Page 22 - SEC. 4. The amendments made by this Act shall apply only with respect to taxable years...
Page 495 - This statement does not duplicate any part of the ground covered by the Subcommittee on W*elfare and Pension Funds of the Senate Committee on Labor and Public Welfare...
Page 5 - Sec. 5692. Penalties relating to posting of special tax stamps." SEC. 207. (a) Section 201 of this title shall take effect on the first day of the first month following the month in which it is enacted.
Page 7 - Secretary of Labor and the Secretary of the Treasury shall, not later than the last day of the first calendar month beginning after the date of the enactment of this Act, establish a Joint Board for the Enrollment of Actuaries (hereinafter in this part referred to as the "Joint Board").
Page 8 - Cong., 1st seas.] A BILL To amend the Railroad Retirement Act of 1937, as amended, and for other purposes Be it enacted by the Senate and House of Representatives of the United State* of America in Congress assembled.