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 |
From inside the book
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Page 3
... reduction or readjustment made subsequent to December 31 , 1930 , and applicable to pen- sioners of the employer : Provided , however , That no pension payable under this section shall exceed $ 120 monthly : And provided further , That ...
... reduction or readjustment made subsequent to December 31 , 1930 , and applicable to pen- sioners of the employer : Provided , however , That no pension payable under this section shall exceed $ 120 monthly : And provided further , That ...
Page 5
... reduction or readjustment made subsequent to December 31 , 1930 , and applicable to pen- sioners of the employer : Provided , however , That no pension payable under this section shall exceed $ 120 monthly : And provided further , That ...
... reduction or readjustment made subsequent to December 31 , 1930 , and applicable to pen- sioners of the employer : Provided , however , That no pension payable under this section shall exceed $ 120 monthly : And provided further , That ...
Page 9
... reduction in lia- bilities under title II of the Social Security Act arising out of the maintenance of this Act . APPROPRIATION FOR ADMINISTRATIVE EXPENSES SEC . 16. There is hereby authorized to be appropriated from time to time such ...
... reduction in lia- bilities under title II of the Social Security Act arising out of the maintenance of this Act . APPROPRIATION FOR ADMINISTRATIVE EXPENSES SEC . 16. There is hereby authorized to be appropriated from time to time such ...
Page 20
... reductions in business and has a right to return when they again increase their forces , or if he is absent on account of sickness , or if he is absent on account of dis- ability or on leave for any other reason , all of which absences ...
... reductions in business and has a right to return when they again increase their forces , or if he is absent on account of sickness , or if he is absent on account of dis- ability or on leave for any other reason , all of which absences ...
Page 23
... reductions as have been made in the pension systems since December 31 , 1930 . In other words , we restore the normal rate of pension benefits , but in no event do we agree to pay more than the maximum of $ 120 , which any other ...
... reductions as have been made in the pension systems since December 31 , 1930 . In other words , we restore the normal rate of pension benefits , but in no event do we agree to pay more than the maximum of $ 120 , which any other ...
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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...