Railroad Retirement: Hearing Before the Committee on Interstate and Foreign Commerce, House of Representatives, Eightieth Congress, Second Session, on H.R. 6766, a Bill to Amend the Railroad Retirement Act of 19367, as Amended, and the Railroad Unemployement Insurance Act, as Amended, and for Other Purposes. June 2, 1948Considers legislation to revise railroad retirement program benefits. |
From inside the book
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Page 28
I am a student also of conditions in Latin America and in Europe in the social-
security plans and I may say that the most serious difficulty is the competition
between the funds that deal with limited groups. There is no way of guaranteeing
equity ...
I am a student also of conditions in Latin America and in Europe in the social-
security plans and I may say that the most serious difficulty is the competition
between the funds that deal with limited groups. There is no way of guaranteeing
equity ...
Page 31
For example there are many switchmen and yard employees who are unable to
work after they reach the age of 60. Lowering the retirement age to 60 will not
endanger the solvency of the fund since the white-collar worker will not retire at
60 ...
For example there are many switchmen and yard employees who are unable to
work after they reach the age of 60. Lowering the retirement age to 60 will not
endanger the solvency of the fund since the white-collar worker will not retire at
60 ...
Page 32
As a matter of fact, in many cases, if there is specific insurance to take care of the
burial, the Retirement Board does not grant the burial fund. In some cases the
Board even deducts small burial amounts donated by organizations such as the ...
As a matter of fact, in many cases, if there is specific insurance to take care of the
burial, the Retirement Board does not grant the burial fund. In some cases the
Board even deducts small burial amounts donated by organizations such as the ...
Page 33
I am certain that you would not want to intentionally advocate something that
would mean the disruption of this very worth-while fund. Now, these are all
matters that have had the continuous consideration of the committee and the
results that ...
I am certain that you would not want to intentionally advocate something that
would mean the disruption of this very worth-while fund. Now, these are all
matters that have had the continuous consideration of the committee and the
results that ...
Page 36
I wish to include in the record at this time a statement that neither I, nor any
member of this organization, to my knowledge, has accepted funds or any
material aid from the , Baltimore & Ohio Railroad, or any other railroad. Our
mailing list ...
I wish to include in the record at this time a statement that neither I, nor any
member of this organization, to my knowledge, has accepted funds or any
material aid from the , Baltimore & Ohio Railroad, or any other railroad. Our
mailing list ...
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Popular passages
Page 2 - II of the Social Security Act, as amended. Such election shall be legally effective according to its terms. Nothing in this section shall operate to deprive a widow, widower, or parent making such election of any insurance benefits under title II of the Social Security Act, as amended, to which such widow, widower, or parent would have been entitled had this section not been enacted. The term "benefits...
Page 6 - Association have agreed upon amendments of the Railroad Retirement Act and the Railroad Unemployment Insurance Act, and have agreed jointly to sponsor a bill proposing such amendments.
Page 7 - Both sides believe that the amendments to the Railroad Retirement Act and the Railroad Unemployment Insurance Act, which are proposed in HR 6766, when those amendments are taken together, represent an improvement in the present law.
Page 3 - As soon as practicable following the enactment of this Act, the Board shall determine and proclaim the balance to the credit of the account as of the close of business on September 30, 1947, and on or before December 31...
Page 2 - Act, as amended, such lump sum shall not be paid unless such widow, widower, or parent makes and files with the Board an irrevocable election, in such form as the Board may prescribe, to have such lump sum paid In lieu of all benefits to which such widow, widower, or parent might otherwise become entitled under this section or, pursuant to subsection (k) of this section, under title n of the Social Security Act, as amended.
Page 45 - ... subcommittee reconvened at 2 pm, upon the expiration of the recess.) Senator HATCH (chairman of the subcommittee). The subcommittee will please come to order. I have a statement prepared by Representative Kilburn of New York in behalf of the St. Lawrence seaway project, which will be inserted and made a part of the record. (The statement referred to is as follows:) STATEMENT OF HON. CLARENCE E. KILBURN, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW YORK Representative KIIJUTKN.
Page 2 - ... be entitled to further benefits under title II of the Social Security Act, as amended, such lump sum shall not be paid unless such widow, widower, or parent makes and files with the Board an irrevocable election, in such form as the...
Page 19 - ... coverage under the old age and survivors insurance provisions of the Social Security Act.
Page 2 - Act are hereby amended to read as follows: (a) Every employer shall pay a contribution, with respect to having employees in his service, equal to the percentage hereinafter set forth of so much of the compensation as is not in excess of $300 for any calendar month payable by him to any employee with respect to...
Page 2 - benefits" as used in this paragraph includes all annuities payable under this Act, lump sums payable under paragraph (1) of this subsection, and insurance benefits and...
Bibliographic information
| Title | Railroad Retirement: Hearing Before the Committee on Interstate and Foreign Commerce, House of Representatives, Eightieth Congress, Second Session, on H.R. 6766, a Bill to Amend the Railroad Retirement Act of 19367, as Amended, and the Railroad Unemployement Insurance Act, as Amended, and for ... |
| Author | United States. Congress. House. Committee on Interstate and Foreign Commerce |
| Publisher | U.S. Government Printing Office, 1948 |
| Original from | the Library of Congress |
| Digitized | 12 Jan 2007 |
| Length | 59 pages |
| Export Citation | BiBTeX EndNote RefMan |