Explanation of H.R. 15301, Railroad retirement act amendments.
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Explanation of H.R. 15301, Railroad retirement act amendments.

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Published by Govt. Print. Off. in Washington .
Written in English

Subjects:

Places:

  • United States.

Subjects:

  • Railroads -- Employees -- Pensions -- Law and legislation -- United States.

Book details:

Edition Notes

At head of title: 93d Congress, 2d session. Committee print, no. 25.

StatementPrepared by the staff for the use of the Committee on Interstate and Foreign Commerce.
Classifications
LC ClassificationsKF3659 .A25 1974
The Physical Object
Paginationiii, 68 p.
Number of Pages68
ID Numbers
Open LibraryOL5167067M
LC Control Number74602150

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10/16/Public Law. (LATEST SUMMARY) Railroad Retirement Act - =Title I: The Railroad Retirement Act of = - Defines the terms used in this Act. Sets forth the annuity eligibility requirements for individuals covered under this Act, their spouses and the survivors of .   A bill to amend the Railroad Retirement Act of to revise the retirement system for employees of employers covered thereunder and for other purposes. to pass h.r. , a bill revising the railroad retirement act of This vote was related to a bill introduced by Rep. Harley Staggers [D-WV2, ] on J , H.R. (93rd): Railroad Retirement Act. For many years this book has been utilized by officials of railway management, rail labor, government and beneficiaries, as well as by Railroad Retirement Act of Railroad Retirement Amendments.. 6 Railroad Retirement Solvency Act.

  The Railroad Retirement Act (RRA) replaces the Social Security Act for rail industry employers and employees and provides monthly annuities for employees based on age and service or on disability. The RRA is administered by the Railroad Retirement Board (RRB), an independent agency in the executive branch of the Federal government. Railroad Retirement Act (RRA) – RRA is the benefit system through which payments are made to retired railroad workers. Benefits are administered by the RRB. Benefits are administered by the RRB. Railroad Unemployment Insurance Act (RUIA) - This system provides unemployment and sickness insurance benefit program for railroad workers. The RR Act developed from private pension systems established by various railroads. The RR Act created a uniform system of benefits for railroad retirement (RR.   The Railroad Retirement and Carriers' Taxing Acts of were enacted to avoid the constitutional difficulties encountered by the Act. However, these Acts were also challenged in the courts, and a Federal district court held that neither the employees nor their employers could be compelled to pay railroad retirement taxes.

  Railroad employees and employers pay employment taxes under the Railroad Retirement Tax Act (RRTA) (26 U.S.C. §§ ) to fund payment of railroad retirement annuities. The taxes paid are credited to trust funds from which annuities are paid. RRTA taxes are analogous to contributions under the Federal Insurance Contributions Act (FICA). Railroad Retirement Act of Public Law (H.R. ). Country: United States of America: Subject(s): Transport and communication workers; Old-age, invalidity and survivors benefit; Unemployment benefit: Type of legislation: Law, Act: Adopted on: . old-age and survivors insurance and railroad retirement pro- grams. T HE Railroad Retirement Act Amendments of became Public Law (Eighty-second Congress, 1st session) on Octo , when President Truman affixed his signature to H.R. . VETOING H.R. , AN ACT TO AMEND THE RAILROAD RETIREMENT ACT OF TO REVISE THE RETIREMENT SYSTEM FOR EMPLOYEES OF EMPLOYERS COVERED THEREUNDER, AND FOR OTHER PURPOSES OCTO3ER 15, Message and accompanying act ordered to be printed as a House document U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 93d .