Retirement System for Interstate Carriers' Employees: Hearing[s] Before the Committee on Interstate and Foreign Commerce, House of Representatives, Seventy-fifth Congress, First Session, on H.R. 6956, a Bill to Amend an Act Entitled "An Act to Establish a Retirement System for Employees of Carriers Subject to the Interstate Commerce Act", and for Other Purposes, Approved August 29, 1935. May 13, 14, 18, 19, 20, and 21, 1937 |
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... KENNEY , New Jersey GEORGE G. SADOWSKI , Michigan JOHN A. MARTIN , Colorado EDWARD C. EICHER , Iowa THEODORE A. PEYSER , New York THOMAS J. O'BRIEN , Illinois HENRY ELLENBOGEN , Pennsylvania HERRON PEARSON , Tennessee JERRY J. O'CONNELL ...
... KENNEY , New Jersey GEORGE G. SADOWSKI , Michigan JOHN A. MARTIN , Colorado EDWARD C. EICHER , Iowa THEODORE A. PEYSER , New York THOMAS J. O'BRIEN , Illinois HENRY ELLENBOGEN , Pennsylvania HERRON PEARSON , Tennessee JERRY J. O'CONNELL ...
Page 18
... Kenney would like to ask you a question . Mr. KENNEY . What percentage of the total railway employees 18 RETIREMENT SYSTEM FOR EMPLOYEES OF CARRIERS.
... Kenney would like to ask you a question . Mr. KENNEY . What percentage of the total railway employees 18 RETIREMENT SYSTEM FOR EMPLOYEES OF CARRIERS.
Page 19
... KENNEY . What percentage of the total railway employees would be in the class that you have here referred to ? Mr. HARRISON . Well , as near as I can give you the information on that , there are about 1,500 employees in the offices of ...
... KENNEY . What percentage of the total railway employees would be in the class that you have here referred to ? Mr. HARRISON . Well , as near as I can give you the information on that , there are about 1,500 employees in the offices of ...
Page 60
... Kenney . Mr. KENNEY . Are supervisors included in this bill ? ALL EMPLOYEES INCLUDED Mr. HARRISON . The bill includes every person who receives com- pensation from one or more employers that are subject to the act . Therefore , it will ...
... Kenney . Mr. KENNEY . Are supervisors included in this bill ? ALL EMPLOYEES INCLUDED Mr. HARRISON . The bill includes every person who receives com- pensation from one or more employers that are subject to the act . Therefore , it will ...
Page 61
... KENNEY . Before you go into that , the point that I had in mind was the case of a man who might be working for years and as he approaches retirement might have his salary cut in half . What effect will that have upon his payments under ...
... KENNEY . Before you go into that , the point that I had in mind was the case of a man who might be working for years and as he approaches retirement might have his salary cut in half . What effect will that have upon his payments under ...
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Common terms and phrases
actuarial age of 65 agreement amendatory act amendment American Railroads amount annuity payments apply August 29 begins to accrue bill BOREN Brotherhood BULWINKLE calendar month carriers centum CHAIRMAN class I railroads COLE committee computing Congress courts death benefit deceased December 31 earned EKERN eligible employment relation enactment date entitled FLETCHER gratuity pensions gratuity roll HALLECK HARRISON interest Interstate Commerce Act KENNEY LATIMER MAPES MARTIN MCALLISTER ment monthly compensation one-fifteenth organization paid paragraph pension or gratuity pension system percent person PETTENGILL ployees present act present law present legislation prior service prior to January provides question rail railroad employees Railroad Retirement Act Railroad Retirement Board Railway Labor Act Railway Labor Executives reduction rendered representatives retirement legislation ROYSTER selected service prior Social Security Act spouse statement tion totally and permanently Treasury unions United wages widow WOLVERTON words
Popular passages
Page 17 - 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...
Page 8 - 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 7 - Act of 1923, as amended, and may, without regard to the provisions of the civil-service laws and the Classification Act...
Page 8 - For such purpose such obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations of the United States may be issued under the Second Liberty Bond Act, as amended, are hereby extended to authorize the issuance at par of special obligations exclusively to the Trust Fund.
Page 6 - ... prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term; and (2) the terms of office of the members first taking office after the date of enactment of this Act...
Page 1 - ... located in the United States; and an individual shall be deemed to be in the service of such a general committee only if...
Page 146 - In the appointment of officials and the selection of employees for said Corporation, and in the promotion of any such employees or officials, no political test or qualification shall be permitted or given consideration, but. all such appointments and promotions shall be given and made on the basis of merit and efficiency.
Page 9 - Board and shall have authority to recommend to the Board such changes in actuarial methods as they may deem necessary. The compensation of the members of the committee of actuaries, exclusive of the member designated by the Secretary, shall be fixed by the Board on a per-diem basis.
Page 146 - States to be guilty of a violation of this section shall be removed from office by the President of the United States...