Restructuring of the Railroad Retirement System, 1974: Hearings Before the Subcommittee on Railroad Retirement Of..., 93-2... |
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Page 475
... additional $ 42 billion . A principal factor leading to this $ 812 billion loss to the Railroad Retirement Account ( $ 4 billion in the past and $ 42 billion in the future ) arises out of the manner in which benefits are computed under ...
... additional $ 42 billion . A principal factor leading to this $ 812 billion loss to the Railroad Retirement Account ( $ 4 billion in the past and $ 42 billion in the future ) arises out of the manner in which benefits are computed under ...
Page 476
... additional taxes upon current and future employees of the railroad industry to finance these benefits , on the grounds that since current employees will not ( except where vested rights are involved ) be permitted to receive dual ...
... additional taxes upon current and future employees of the railroad industry to finance these benefits , on the grounds that since current employees will not ( except where vested rights are involved ) be permitted to receive dual ...
Page 478
... additional taxes upon the carriers to finance the cost . of phasing out dual benefits would add to the costs of the ... addition to railroad retirement benefits computed under existing law would permit these employees to 6 478.
... additional taxes upon the carriers to finance the cost . of phasing out dual benefits would add to the costs of the ... addition to railroad retirement benefits computed under existing law would permit these employees to 6 478.
Page 491
... additional component - the part that would ride above the social security level of benefits and is commonly called a ... addition , a supplemental annuity would be paid to employees who have 25 years or more of railroad serv- ice and a ...
... additional component - the part that would ride above the social security level of benefits and is commonly called a ... addition , a supplemental annuity would be paid to employees who have 25 years or more of railroad serv- ice and a ...
Page 495
... addition to his regular annuity , an eligible employee would re- ceive a supplemental annuity ( which would be ... additional benefit amount if she had " vested rights " to benefits under the Railroad Retirement Act and the Social ...
... addition to his regular annuity , an eligible employee would re- ceive a supplemental annuity ( which would be ... additional benefit amount if she had " vested rights " to benefits under the Railroad Retirement Act and the Social ...
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Common terms and phrases
actuarial amended amount determined amount equal annuity provided annuity under section annuity under subsection application attained age 65 August 29 basis began to accrue beneficiaries benefits payable bill calendar month centum certified clause compensation paid Consumer Price Index cost creditable current connection deceased employee December 31 deemed defined in section dual benefit employee after December employee's annuity enacted excess financial interchange fiscal included increased individual's annuity Internal Revenue Code June 30 lump sum military service monthly insurance benefit payment pension percent period person ployee prior to January provisions of section purposes railroad industry Railroad Retirement Account Railroad Retirement Act Railroad Retirement Board railroad retirement system railroad service received reduced respect section 202 self-employment income service prior Social Security Act social security benefit social security earnings social security level spouse spouse's annuity subdivision supplemental annuity survivor taxable wages taxes term employment thereof tion widow or widower windfall
Popular passages
Page 562 - ... in connection with the transportation of passengers or property by railroad, or the receipt, delivery, elevation, transfer in transit, refrigeration or icing, storage, or handling of property transported by railroad, and any receiver? trustee, or other individual or body, judicial or otherwise, when in the possession of the property or operating all or any part of the business of any such employer: Provided, however, That the term "employer...
Page 1152 - employer" shall not include any street, interurban, or suburban electric railway, unless such railway is operating as a part of a general steam-railroad system of transportation, but shall not exclude any part of the general steam-railroad system of transportation now or hereafter operated by any other motive power. The Interstate Commerce Commission is hereby authorized and directed upon request of the Board or upon complaint of any party interested to determine after hearing whether any line operated...
Page 661 - It shall be the duty of the Secretary of the Treasury to invest such portion of the fund as is not, in his judgment, required to meet current withdrawals. Such investments may be made only in interest-bearing obligations of the United States, or in obligations guaranteed as to both principal and interest by the United States.
Page 610 - Treasury to invest such portion of the fund as is not, in his judgment, required to meet current withdrawals. Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States. For such purpose such obligations may be acquired (1) on original issue at issue price, or (2) by purchase of outstanding obligations at the market price.
Page 614 - employer" means any carrier (as defined in subsection (b) of this section) , and any company which is directly or indirectly owned or controlled by one or more such carriers or under common control therewith, and which operates any equipment or facility or performs any service (except trucking service, casual service, and the casual operation of equipment or facilities) in connection with the transportation of passengers or property by railroad, or the receipt, delivery, elevation, transfer in transit,...
Page 1154 - employee" shall not include any individual while such individual is engaged in the physical operations consisting of the mining of coal, the preparation of coal, the handling (other than movement by rail with standard railroad locomotives) of coal not beyond the mine tipple, or the loading of coal at the tipple. Sixth. The term "representative...
Page 562 - ... employee" shall include an employee of a local lodge or division defined as an employer in subsection (a) only if he was in the service of or in the employment relation to a carrier on or after August 29, 1935.
Page 883 - In the service of an employer as defined in section 1 (a) and who Is duly authorized and designated to represent employees in accordance with the Railway Labor Act, as amended, and any individual who Is regularly assigned to or regularly employed by such officer or official representative in connection with the duties of his office.
Page 608 - Notwithstanding any other law of the United States, or of any State, Territory, or the District of Columbia, no annuity or pension payment shall be assignable or be subject to any tax or to garnishment, or attachment, or other legal process under any circumstances whatsoever, nor shall the payment thereof be anticipated.
Page 615 - employee' shall include an employee of a local lodge or division defined as an employer in subsection (a) only if he was in the service of or in the employment relation to a carrier on or after the enactment date. The term 'employee representative...