Private Welfare and Pension Plan Legislation: Hearings, Ninety-first Congress, First and Second Sessions ...U.S. Government Printing Office, 1970 - 946 pages |
From inside the book
Results 1-5 of 100
Page 49
... union officials , and borrowed from the trust funds which they administered to finance commercial enterprises in which they had personal in- terests . In a jointly administered welfare fund the employer and union mem- bers of the board ...
... union officials , and borrowed from the trust funds which they administered to finance commercial enterprises in which they had personal in- terests . In a jointly administered welfare fund the employer and union mem- bers of the board ...
Page 52
... union officer , union employee or labor relations consultant . We should not permt persons barred from union office by Section 504 of the LMRDA to obtain employment in the welfare and pension field where they would have access to assets ...
... union officer , union employee or labor relations consultant . We should not permt persons barred from union office by Section 504 of the LMRDA to obtain employment in the welfare and pension field where they would have access to assets ...
Page 101
... union . My bill controls the actions of the truly independent trustee only by application of the law of trusts , without attempting to spell out every detail of that law as it exists in the cases , but my bill does specifically prohibit ...
... union . My bill controls the actions of the truly independent trustee only by application of the law of trusts , without attempting to spell out every detail of that law as it exists in the cases , but my bill does specifically prohibit ...
Page 104
... union dues , such plans pro- vide continuing coverage for workers remaining in the plan's jurisdiction regard- less of where they work . Moreover , the bankruptcy of one employer in a multi- employer plan does not affect the solvency of ...
... union dues , such plans pro- vide continuing coverage for workers remaining in the plan's jurisdiction regard- less of where they work . Moreover , the bankruptcy of one employer in a multi- employer plan does not affect the solvency of ...
Page 110
... Union , the Machinists ' Union , and the International Union of Operating Engineers , are national in scope . The administrative cost and confusion involved in dealing not only with a Federal statute but also with differing and often ...
... Union , the Machinists ' Union , and the International Union of Operating Engineers , are national in scope . The administrative cost and confusion involved in dealing not only with a Federal statute but also with differing and often ...
Other editions - View all
Common terms and phrases
accrued benefits actuarial administration AFL-CIO agreement amended amount assets believe beneficiaries benefit plan bill Chairman collective bargaining committee contributions corporation cost coverage covered deferred wages DENT Disclosure Act earnings eligibility employee benefit employment ERLENBORN established Federal FERSTER fiduciary responsibility filed GAYDOS going Government GREENOUGH I. W. Abel income increase industry interest Internal Revenue Code Internal Revenue Service investment legislation loans ment million minimum NYHART paid payments pension benefits pension fund percent person plan participants plan termination plan's ployees portability private pension plans private pension system private plans problem proposed protection prudent man rule PUCINSKI reason regulations reinsurance retirement benefits Secretary of Labor sion SKLARSKY Social Security statement subcommittee Teamsters tion trust trust law unfunded union vested benefits vested liabilities vesting provisions welfare and pension workers
Popular passages
Page 149 - Department of the Wharton School of Finance and Commerce of the University of Pennsylvania.
Page 89 - The provisions of the Act entitled "An Act to amend the Judicial Code and to define and limit the jurisdiction of courts sitting in equity, and for other purposes," approved March 23, 1932 (29 USC 101-115), shall not apply with respect to civil actions brought under this section.
Page 36 - If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby. "SEC. 17. This Act may be cited as the 'National Labor Relations Act'.
Page 24 - labor organization" means any organization of any kind, or any agency or employee representation committee or plan, in which employees participate and which exists for the purpose, in whole or in part, of dealing with employers concerning grievances, labor disputes, wages, rates of pay, hours of employment, or conditions of work.
Page 326 - Hearings Before the Subcommittee on Labor of the Senate Committee on Labor and Public Welfare on S.
Page 145 - Council of the Wharton School of Finance and Commerce of the University of Pennsylvania which is a definitive study of the matter.
Page 244 - ... prior to the satisfaction of all liabilities with respect to employees and their beneficiaries under tho trust, for any part of the corpus or income to be (within the taxable year or thereafter) used for, or diverted to, purposes other than for the exclusive benefit of his employees or their beneficiaries...
Page 25 - industry affecting commerce" means any activity, business, or industry in commerce or in which a labor dispute would hinder or obstruct commerce or the free flow of commerce and includes any activity or industry "affecting commerce" within the meaning of the Labor-Management Reporting and Disclosure Act of 1959.
Page 357 - Sells any substantial part of its securities or other property, for less than an adequate consideration In money or money's worth, to; or (6) Engages in any other transaction which results in a substantial diversion of Its income or corpus...
Page 9 - No person who is or has been a member of the Communist Party or who has been convicted of, or served any part of a prison term resulting from his conviction of, robbery, bribery, extortion, embezzlement, grand larceny, burglary, arson, violation of narcotics laws, murder, rape, assault with intent to kill, assault which inflicts grievous bodily injury, or a violation of title II or III of this Act, or conspiracy to commit any such crimes...