Amending the Railroad Retirement Act of 1937: Hearing Before the Subcommittee on Railroad Retirement of the Committee on Labor and Public Welfare, United States Senate, Eighty-ninth Congress, First Session on S. 3157, to Amend the Railroad Retirement Act of 1937 ; Eliminate the Provisions which Reduce the Annuities of the Spouses of Retired Employees by the Amount of Certain Monthly Benefits, June 29, 1965 |
From inside the book
Results 1-5 of 18
Page 1
... actuarial deficit of close to $ 19.5 million a year , and the enactment of that bill would have increased that ... actuary of the Railroad Retire- ment Board , to about $ 61.1 million a year . The additional increase in the deficit would ...
... actuarial deficit of close to $ 19.5 million a year , and the enactment of that bill would have increased that ... actuary of the Railroad Retire- ment Board , to about $ 61.1 million a year . The additional increase in the deficit would ...
Page 2
... actuary , this would result in a gain to the railroad retirement account of roughly $ 39 million a year and thus reduce the deficit from what it would be , with H.R. 3157 , without my amendment , plus H.R. 6675 , to about $ 22.3 million ...
... actuary , this would result in a gain to the railroad retirement account of roughly $ 39 million a year and thus reduce the deficit from what it would be , with H.R. 3157 , without my amendment , plus H.R. 6675 , to about $ 22.3 million ...
Page 4
... actuarial deficit in the financing of the railroad retirement system of approximately 0.44 percent of taxable payroll , or $ 19.5 million a year , on a level basis . Enactment of the bill would increase this actuarial deficiency to ...
... actuarial deficit in the financing of the railroad retirement system of approximately 0.44 percent of taxable payroll , or $ 19.5 million a year , on a level basis . Enactment of the bill would increase this actuarial deficiency to ...
Page 7
... actuaries , the deficit involved is only thirty - two one - hundredths of 1 percent of taxable payroll . While this legislation provides no tax increases to provide additional revenue to the fund , I agree with the statement in the ...
... actuaries , the deficit involved is only thirty - two one - hundredths of 1 percent of taxable payroll . While this legislation provides no tax increases to provide additional revenue to the fund , I agree with the statement in the ...
Page 9
... actuarial deficiency to approximately 0.76 percent of taxable payroll , or $ 33.5 million a year . We are , of course , vitally concerned with the administration of the Railroad Retirement Act . We have a standing railroad retirement ...
... actuarial deficiency to approximately 0.76 percent of taxable payroll , or $ 33.5 million a year . We are , of course , vitally concerned with the administration of the Railroad Retirement Act . We have a standing railroad retirement ...
Common terms and phrases
$14 million 1951 amendments 89th Congress actuarial deficit additional taxes amend the Railroad AMERICAN RAILROADS amount equal annual taxable wages BEATTIE bill H.R. calendar month Chairman CLAIBORNE PELL Committee on Labor current maximum annual defined in section dual benefits entitled equal to one-twelfth financing FINNEY FINNIGAN HABERMEYER income increased taxes Internal Revenue Code June 29 Labor and Public level basis maximum annual taxable ment National Railroad Pension paid payments payroll assumption percent of taxable Railroad Pension Forum railroad retirement account Railroad Retirement Act railroad retirement annuity Railroad Retirement Board railroad retirement system Railroad Retirement Tax railroad system Railway Labor reduce the deficit restrictions section 2(e Senator FANNIN Senator PELL Social Security Act social security benefit social security system social security taxes spouse's benefit Subcommittee on Railroad Subsection tax base tax rate taxable payroll taxable wage base U.S. SENATOR WAYNE MORSE whichever is greater wife wife's benefit