Amending the Railroad Retirement Act of 1937: Hearing, 89-1, June 29, 19651965 - 34 pages |
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Page 5
... live on the annuity . ' " " The provision for a spouse's annuity was , therefore , in substitution for an increase in employee annuities in cases where two persons had to live largely on the income from the one annuity under the ...
... live on the annuity . ' " " The provision for a spouse's annuity was , therefore , in substitution for an increase in employee annuities in cases where two persons had to live largely on the income from the one annuity under the ...
Page 9
... live largely on the income from only one annuity under the act . In view of the purpose of this provision , the 1951 amendments pro- vided that where a spouse has an income from a railroad retirement annuity or a social security benefit ...
... live largely on the income from only one annuity under the act . In view of the purpose of this provision , the 1951 amendments pro- vided that where a spouse has an income from a railroad retirement annuity or a social security benefit ...
Page 13
... live on the retirment income . Following the general premise to its logical conclusion , the 1951 amendments provided that where a spouse has an additional income from a railroad retirement annuity or a social security benefit , it ...
... live on the retirment income . Following the general premise to its logical conclusion , the 1951 amendments provided that where a spouse has an additional income from a railroad retirement annuity or a social security benefit , it ...
Page 16
... lives on her one benefit than to increase the benefit the spouse who has a husband also drawing benefits . Senator PELL . I have no fixed views . I am wondering if the reason for the separate systems is that the employees get more ...
... lives on her one benefit than to increase the benefit the spouse who has a husband also drawing benefits . Senator PELL . I have no fixed views . I am wondering if the reason for the separate systems is that the employees get more ...
Page 19
... live largely on the benefits they received from the Railroad Retirement Act . In other words , it was thought that where two adult and aged persons had formerly had to live largely on the income from the man's annuity , it was desirable ...
... live largely on the benefits they received from the Railroad Retirement Act . In other words , it was thought that where two adult and aged persons had formerly had to live largely on the income from the man's annuity , it was desirable ...
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 current maximum annual defined in section dual benefits enactment of H.R. entitled equal to one-twelfth financing FINNEY FINNIGAN HABERMEYER income increased taxes Internal Revenue Code level basis maximum annual taxable ment monthly 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 record reduce the deficit restrictions section 2(e Senator FANNIN Senator PELL Social Security Act social security benefit social security pension 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