Amending the Railroad Retirement Act of 1937: Hearings Before the Subcommittee on Railroad Retirement of the Committee on Labor and Public Welfare, United States Senate, Eighty-sixth Congress, First Session, on S. 226 [and Others] ...U.S. Government Printing Office, 1959 - 405 pages |
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1st 8 months 86th Congress additional amended American Railroads amount annuity assets average base basis beneficiaries bill brotherhoods calendar carriers cents Chairman claims committee common stock companies compensation paid Congress cost daily rate days of unemployment December 31 disqualification earnings effective featherbedding February 18 financed freight Fringe Payments HABERMEYER insurance account Interstate Commerce Commission January June 30 Last 4 months LOOMIS maximum ment million monthly National payable pension funds pension plans person ployment proposed qualified rail railroad employees railroad industry Railroad Retirement Act Railroad Retirement Board Railroad Retirement Tax railroad system Railroad Unemployment Insurance Railway Labor Railway Labor Executives railway operating income record registration period respect Retail retroactive revenue SCHOENE Senator CLARK Senator MORSE sickness benefits Social Security Act statement subcommittee survivor tax rate tion U.S. Senate unem unemployed unemployment benefits Unemployment Insurance Act wage WAYNE MORSE workers
Popular passages
Page 56 - years of service" total— 10 and less than 15 7 (but not more than 65 days). 15 and over 13. but no such extended benefit period shall extend beyond the beginning of the first registration period in a benefit year in which the employee is again qualified for benefits in accordance with section 3 of this Act on the basis of compensation earned after the first of such successive 14-day periods has begun.
Page 56 - ... and who had current rights to normal benefits for days of unemployment or days of sickness in a benefit year but has exhausted such rights, the benefit year in which such rights are exhausted shall be deemed not to be ended until the last day of the extended benefit period determined under the following schedule, and the maximum number of days of, and amount of payment for, unemployment or sickness (depending on the type of benefit...
Page 54 - ... the rate of the tax imposed with respect to wages by section 3101 at such time exceeds the rate provided by paragraph (2) of such section 3101 as amended by the Social Security Amendments of 1956.
Page 49 - That il the annuity of the individual is awarded under paragraph 3 of subsection (a), the spouse's annuity shall be computed or recomputed as though such individual had been awarded the annuity to which he would have been entitled under paragraph 1 of said subsection: Provided further, That, if the annuity of the individual is awarded pursuant to a joint and survivor election, the spouse's annuity shall be computed...
Page 54 - In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to the following percentages of the wages (as defined in section...
Page 52 - closing date" shall mean (A) the first day of the first calendar year in which such employee both had attained age 65 and was completely Insured; or (B) the first day of the calendar year In which such employee died; or (C) the first day of the calendar year following the year in which such employee died, whichever would produce the highest "average monthly remuneration" as denned in the preceding sentence.
Page 55 - A payment made by an employer to an Individual through the employer's payroll shall be presumed, In the absence of evidence to the contrary, to be compensation for service rendered by such Individual as an employee of the employer in the period with respect to which the payment is made. An employee shall be deemed to be "aid "for time lost...
Page 57 - ... employer shall be liable for that proportion of the contribution with respect to such compensation paid by all such employers which the compensation paid by him after December 31...
Page 27 - That in computing the compensation paid to any employee, no part of any month's compensation in excess of $300 for any month before July 1, 1954, or in excess of $350 for any month after June 30, 1954...
Page 50 - ... under title II of the Social Security Act if his service as an employee after December 31, 1936, were included in the term "employment