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
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Page 10
... sound as we can . Actually , too , I think I can be criticized that we have not introduced an amendment that would bring it completely in balance , which would raise the base even further . However , it would seem that this is the best ...
... sound as we can . Actually , too , I think I can be criticized that we have not introduced an amendment that would bring it completely in balance , which would raise the base even further . However , it would seem that this is the best ...
Page 11
... sound . The situation as it now stands , with the figure I believe you men- tioned , indicates to me that we are with this amendment in the area of actuarial soundness . I believe this represents somewhere in the neighborhood of one ...
... sound . The situation as it now stands , with the figure I believe you men- tioned , indicates to me that we are with this amendment in the area of actuarial soundness . I believe this represents somewhere in the neighborhood of one ...
Page 12
... sound financial condition . The consequence of a substantial deficiency in financing would be that , at some point in the future , sufficient funds would not be available 12 AMENDING THE RAILROAD RETIREMENT ACT OF 1937 Howard W ...
... sound financial condition . The consequence of a substantial deficiency in financing would be that , at some point in the future , sufficient funds would not be available 12 AMENDING THE RAILROAD RETIREMENT ACT OF 1937 Howard W ...
Page 13
... sound financial condition . Such a program was , as you know , put into effect by legislation enacted in 1963. It is , in my opinion , the obligation of all parties concerned with the financial well - being of the railroad retirement ...
... sound financial condition . Such a program was , as you know , put into effect by legislation enacted in 1963. It is , in my opinion , the obligation of all parties concerned with the financial well - being of the railroad retirement ...
Page 17
... sound financial condition . The consequence of a substantial deficiency in financing would be that at some point in the future sufficient funds would not be available for benefit payments . Mr. HABERMEYER . I think the answer to that is ...
... sound financial condition . The consequence of a substantial deficiency in financing would be that at some point in the future sufficient funds would not be available for benefit payments . Mr. HABERMEYER . I think the answer to that is ...
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