Welfare and Pension Plan Legislation: Hearings, Ninety-second Congress, First Session, on H.R. 1269 ...U.S. Government Printing Office, 1972 - 192 pages |
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Page 26
... portability , and financial characteristics and practices , and methods of en- couraging the growth of the private pension system . ANNUAL REPORT OF SECRETARY SEC . 606. The Secretary shall submit annually a report to the Congress ...
... portability , and financial characteristics and practices , and methods of en- couraging the growth of the private pension system . ANNUAL REPORT OF SECRETARY SEC . 606. The Secretary shall submit annually a report to the Congress ...
Page 35
... portability section in any bill protecting pension rights is an absolute necessity . Various objections to providing vested rights by law have been made at different times to this committee . These objections are not only irrelevant ...
... portability section in any bill protecting pension rights is an absolute necessity . Various objections to providing vested rights by law have been made at different times to this committee . These objections are not only irrelevant ...
Page 46
... portability and insurance ? Mr. ABEL . No , it isn't possible because , you see , we have no way of policing or regulating , as the Government has . We must accept the good faith commitments of the employer at a given time and some ...
... portability and insurance ? Mr. ABEL . No , it isn't possible because , you see , we have no way of policing or regulating , as the Government has . We must accept the good faith commitments of the employer at a given time and some ...
Page 47
... portability and insurance as desirable . In speeches I have made on the subject , I have compared these to extras you can get along with your auto- mobile . You can get the power steering , power windows , and so forth , at a cost ...
... portability and insurance as desirable . In speeches I have made on the subject , I have compared these to extras you can get along with your auto- mobile . You can get the power steering , power windows , and so forth , at a cost ...
Page 48
... portability , and what have you ? Mr. ABEL . There have been 75 such cases within our union in our jurisdiction . Other unions have had similar and even more devastating experiences . I cite , as an example , the experience of the UAW ...
... portability , and what have you ? Mr. ABEL . There have been 75 such cases within our union in our jurisdiction . Other unions have had similar and even more devastating experiences . I cite , as an example , the experience of the UAW ...
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Common terms and phrases
15 years service 36 plans 51 plans accrued actuarial administrator amended amount assets bill Chairman Commission committee CONGRESS THE LIBRARY contributions Corporation cost covered DENT effective date eligible employee benefit plan employee organization employment ERLENBORN established Federal fiduciary filed forfeited since 1950 forfeitures Government I. W. Abel industry Internal Revenue Service investment left the scope legislation length of service LIBRARY OF CONGRES LIBRARY OF CONGRESS ment million nonforfeitable number of participants paid participant or beneficiary participant who received participants since 1950 Participants who forfeited party in interest payment pension fund pension rights percent percentage person plan termination plan's portability premium private pension plans profit-sharing-retirement plan received benefits regulation reinsurance retirement benefits retirement systems Secretary of Labor service or less Social Security specified subsection SUBTABLE term termination of employment trustees union United States Code vested benefits vested liabilities Welfare and Pension workers
Popular passages
Page 3 - 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 28 - 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 84 - 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 13 - ... with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an emterprise of a like character and with like aims...
Page 26 - For the purpose of any hearing or inquiry conducted by any board appointed under this title, the provisions of sections 9 and 10 (relating to the attendance of witnesses and the production of books, papers, and documents) of the Federal Trade Commission Act of September 16, 1914, as amended (USC 19, title 15, sees.
Page 25 - ... while so serving away from their homes or regular places of business, may be allowed travel expenses, including per diem in lieu of subsistence, as authorized- by section 5703 of title 5, United States Code, for persons in the Government service employed intermittently.
Page 65 - That (A) such payments are held in trust for the purpose of paying, either from principal or income or both, for the benefit of employees, their families and dependents, for medical or hospital care, pensions on retirement or death of employees, compensation for injuries or illness resulting from occupational activity or insurance to provide any of the foregoing, or unemployment benefits or life insurance, disability and sickness insurance, or accident insurance...
Page 83 - 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...
Page 3 - ... medical, surgical, or hospital care or benefits, or benefits in the event of sickness, accident, disability, death or unemployment...
Page 23 - Bank shall be entitled to the use of the United States mails in the same manner and upon the same conditions as the executive departments of the Government.