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1 earnings for any calendar year after 1950 and before 1954 2 as is in excess of $3,600, plus (B) 2 per centum of so much 3 of such individual's combined earnings for any calendar year 4 after 1953 and before 1957 as is in excess of $4,200, plus

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(C) 2.25 per centum of so much of such individual's com

6 bined earnings for any calendar year after 1956 and before 7 1959 as is in excess of $4,200, plus (19) 2.5 per centum of so 8 much of such individual's combined earnings for the calendar 9 year 1959 as is in excess of $4,800, plus (E) 3 per centum 10 of so much of such individual's combined earnings for each of 11 the calendar years 1960 and 1961 as is in excess of $4,800, 12 plus (F) 3.125 per centum of so much of such individuals 13 combined earnings for the calendar year 1962 as is in excess 14 of $1,800, plus (G) 3.625 per centum of so much of such in

15 dividual's combined earnings for any calendar year after 1962

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and before 1966 as is in excess of $5,400, plus (H) 4.2 per

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centum of so much of such individual's combined earnings for

18 the calendar year 1966 as is in excess of $6,600, plus (I) 19 4.4 per centum of so much of such individual's combined 20 earnings for the calendar year 1967 as is in excess of $6,600, 21 plus (J) 3.8 per centum of so much of such individual's com22 bined earnings for the calendar year 1968 as is in excess of

$7,800, plus (K) 4.2 per centum of so much of such indi

vidual's combined earnings for each of the calendar years

1969 and 1970 as is in excess of $7,800, plus (L) 4.6 per

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i centum of so much of such individual's combined earnings for 2 the calendar year 1971 as is in excess of $7,800, plus (M)

3 4.6 per centum of so much of such individual's combined 4 earnings for the calendar year 1972 as is in excess of $9,000, 5 plus (N) 4.85 per centum of so much of such individual's

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combined earnings for the calendar year 1973 as is in excess

7 of $10,800, plus (0) 4.95 per centum of so much of such in8 dividual's combined earnings for the calendar year 1974 as is 9 in excess of $13,200. For purposes of this subsection, the 10 term ‘combined earnings shall include compensation' as de11 fined in section 1 (h) of the Railroad Retirement Act of 12 1937, 'wages' as defined in section 209 of the Social Security

13 Act, and ‘self-employment' income as defined in section 211

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"POWERS AND DUTIES OF THE BOARD 16 “SEC. 7. (a) This Act shall be administered by the 17 Railroad Retirement Board established by the Railroad Re

18 tirement Act of 19:37 as an independent agency in the execu19 tive branch of the Government and composed of three 20 members appointed by the President, by and with the advice

21 and consent of the Senate. Each member shall hold office

22 for a term of five years, except that any member appointed 23 to fill a vacancy occurring prior to the expiration of the term 24 for which his predecessor was appointed shall be appointed 25 for the remainder of the term and any member holding

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2 ment Act of 1937 when this Act becomes effective shall hold

3 office until the term for which he was appointed under such 4 Railroad Retirement Act of 1937 expires. One member shall

5 be appointed from recommendations made by representatives

6 of the employees and one member shall be appointed from

7 recommendations made by representatives of employers as

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defined in paragraph (i) of section 1 (a) (1) of this Act,

9 in both cases as the President shall direct, so as to provide

10 representation on the Board satisfactory to the largest num11 ber, respectively, of employees and employers concerned. 12 One member, who shall be the chairman of the Board, shall 13 be appointed without recommendation by either employers

14 or employees and shall not be in the employment of or be

15 pecuniarily or otherwise interested in any employer or orga

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nization of employees. Vacancies in the Board shall not

17 impair the powers or affect the duties of the Board or of

18 the remaining members of the Board, of whom a majority of 19 those in office shall constitute a quorum for the transaction 20 of business. L'pon the expiration of his term of office a mem21 ber shall continue to serve until his successor is appointed 22 and shall bave qualified. 23 “(b) (1) The Board shall have and exercise all the 24 duties and powers necessary to administer this Act. The 25 Board shall take such steps as may be necessary to enforce

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1 such Act and make awards and certify payments. Decisions

2 by the Board upon issues of law and fact relating to annu

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3 ities or death benefits shall not be subject to review by any 4 other administrative or accounting officer, agent, or employee 5 of the United States.

“(2) In the case of

“(A) an individual who will have completed ten years of service creditable under this Act,

“(B) the wife or husband of such an individual,

“(C) any survivor of such an individual if such survivor is entitled, or could upon application become entitled, to an annuity under section 2 of this Act, and

(D) any other person entitled to benefits under title II of the Social Security Act on the basis of the wages and self-employment income of such an individual (except a survivor of such an individual where such individual did not have a current connection with the railroad industry at the time of his death),

19 the Board shall provide for the payment on behalf of the

20 Managing Trustee of the Federal Old-Age and Survivors

21 Insurance Trust Fund and the Federal Disability Trust

22 Fund of monthly benefits payable under title II of the Social 23 Security Act which are certified by the Secretary to it for 24 payment under the provisions of title II, of the Social Secu25 rity Act.

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1 “(3) If the Board finds that an applicant is entitled to 2 an annuity or death benefit under the provisions of this Act 3 then the Board shall make an award fixing the amount of 4 the annuity or benefit, as the case may be, and shall certify

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5 the payment thereof as hereinafter provided; otherwise the 6 application shall be denied. For purposes of this section, the 7 Board shall have and exercise such of the powers, duties and 8 remedies provided in subsections (a), (b), (d), and (n) 9 of section 12 of the Railroad ('nemployment Insurance Act 10 as are not inconsistent with the express provisions of this Act.

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The Board is authorized to delegate to any member, officer,

12 or employee of the Board any of the powers conferred upon 13 the Board by this Act, excluding only the power to prescribe

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rules and regulations, including the power to make decisions

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on applications for annuities or other benefits: Provided, however, That any person aggrieved by a decision on his ap

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plication for an annuity or other benefit shall have the right

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to appeal to the Board. Notice of a decision of the Board, or

19 of an employee thereof, shall be communicated to the ap20 plicant in writing within thirty days after such decision 21 shall have been made.

“(4) The Board shall from time to time certify to the

23 Secretary of the Treasury the name and address of each

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individual entitled to receive a payment, the amount of such

25 payment, and the time at which it should be made, and the

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