Railroad Unemployment Insurance: Hearings Before the Committee on Ways and Means, House of Representatives, Eightieth Congress, Second Session, on H.R. 5711, a Bill to Amend the Railroad Unemployment Insurance Act, as Amended, and for Other Purposes. Mar. 18 and 19, 1948U.S. Government Printing Office, 1948 - 73 Seiten |
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1929 depression 25 percent 3-percent rate actuary American Railroads amount annual Association of American average basis benefit disbursements benefit payments bill carriers class I railroads Committee on Interstate Congress COOPER Crosser amendments District of Columbia EBERHARTER effect enacted experience rating Foreign Commerce graduated scale HAROLD KNUTSON increase in benefits interest Interstate and Foreign Interstate Commerce Commission JENKINS June 30 KEAN Latimer legislation March 18 MARTIN ment merit rating minimum one-half operate Parmelee pay roll pay-roll tax percent tax ployment insurance present proposed question rail railroad employees railroad industry Railroad Retirement Board railroad system railroad unem Railroad Unemployment Insurance rate of contribution REED reserve fund retirement system SCHOENE severe depression sickness benefits SIMPSON Social Security Act stabilize statement surplus tax rate tax reduction taxes paid tion unemployed unemployment and sickness unemployment benefits unemployment compensation system Unemployment Insurance Act unemployment insurance system wages
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Seite 1 - January 1, 1948, the rate shall be 3 per centum; 2. With respect to compensation paid after the month In which this Act was amended in 1959, the rate shall be as follows: If the balance to the credit of the railroad unemployment Insurance account as of the close of business on September 30, of any year, as determined by the Board, is...
Seite 1 - 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...
Seite 1 - Every employer shall pay a contribution, with respect to having employees in his service, equal to the percentage determined as set forth below of so much of the compensation as is not in excess of $300 for any calendar month paid by him to any employee for services rendered to him after June 30, 1939...
Seite 41 - Railway Carmen of America; International Brotherhood of Firemen and Oilers; Brotherhood of Railway and Steamship Clerks, Freight Handlers, Express and Station Employees; Brotherhood of Maintenance of Way Employees; Brotherhood of Railroad Signalmen of America; National Organization Masters, Mates and Pilots of America; National Marine Engineers...
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Seite 18 - The Fund shall be invested as a single fund, but the Secretary of the Treasury shall maintain a separate book account for each State agency and shall credit quarterly on March 31, June 30, September 30, and December 31, of each year, to each account, on the basis of the average daily balance of such account, a proportionate part of the earnings of the Fund for the quarter ending on such date.
Seite 2 - The Secretary of the Treasury shall maintain in the unemployment trust fund established pursuant to section 904 of the Social Security Act an account to be known as the railroad unemployment insurance account.
Seite 41 - Committee and the Brotherhood of Locomotive Engineers, the Brotherhood of Locomotive Firemen and Enginemen, the Order of Railway Conductors and Brakemen, the Brotherhood of Railroad Trainmen, and the Switchmen's Union of North America.
Seite 3 - These great sums of money are being withdrawn from useful purposes within the railroad industry and placed in a sterile fund already tremendously inflated. I have briefly outlined the existing abuse which makes it necessary that HR 5711, or similar legislation, be enacted. That bill would correct the abuse by substituting for the flat 3 percent pay roll tax, now paid by the railroads, a graduated scale of taxes dependent upon the amount of the surplus reserve fund. Under the graduated scale of taxes...
Seite 1 - ... proportion of any additional contribution as the compensation paid by such employer after December 31, 1946, to such employee for services rendered during such month bears to the total compensation paid by all such employers after December 31, 1946, to such employee for services rendered during such month : 1. With respect to compensation paid prior to January 1, 1948, the rate shall be 3 per centum; 2. With respect to compensation paid after...