HearingsU.S. Government Printing Office, 1972 |
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Page 970
... plans under the Welfare and Pension Plans Dis- closure Act . We also support reasonable minimum Federal standards or regulations governing the vesting of private pensions . We support bills that would encourage individuals to save for ...
... plans under the Welfare and Pension Plans Dis- closure Act . We also support reasonable minimum Federal standards or regulations governing the vesting of private pensions . We support bills that would encourage individuals to save for ...
Page 971
... pension plans . A futher fact of major importance is the growth of private pension plans . While pension plans were first adopted by industry as early as 1875 , they began their major growth in the 1940's and 1950's . As the tabulation ...
... pension plans . A futher fact of major importance is the growth of private pension plans . While pension plans were first adopted by industry as early as 1875 , they began their major growth in the 1940's and 1950's . As the tabulation ...
Page 972
... retirement age , a proportionate pension benefit based upon his service to date of termination - and that right is not dependent upon his con- tinued employment . We support sound programs of vesting . The majority of plans do have some ...
... retirement age , a proportionate pension benefit based upon his service to date of termination - and that right is not dependent upon his con- tinued employment . We support sound programs of vesting . The majority of plans do have some ...
Page 973
... pension plans , covering 9 million employees that had been surveyed . Pension plans which had been accumulating funds for 15 years or more had assets sufficient to cover 94 percent of all accrued benefits , and 99 percent of vested ...
... pension plans , covering 9 million employees that had been surveyed . Pension plans which had been accumulating funds for 15 years or more had assets sufficient to cover 94 percent of all accrued benefits , and 99 percent of vested ...
Page 974
... pensions . In 1970 during hearings on investment policies of pension funds held by the Subcommittee on Fiscal Policy of the Joint Economic Committee , Chairman Martha W. Griffiths said , during a colloquy with Hon . Arthur Levitt ...
... pensions . In 1970 during hearings on investment policies of pension funds held by the Subcommittee on Fiscal Policy of the Joint Economic Committee , Chairman Martha W. Griffiths said , during a colloquy with Hon . Arthur Levitt ...
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actuarial additional administration AFL-CIO alienation American animal assets believe benefit plans bill cancer carcinogen cattle Chairman Commission Committee on Labor concerned Congress Corporation cost Department diethylstilbestrol drug effect employee benefit employment estradiol estrogenic experience Federal feel fiduciary Food hearing human increase individual industry Institute interest Internal Revenue Internal Revenue Code Internal Revenue Service investment job enrichment job rotation job satisfaction job tasks Labor and Public legislation liabilities Lordstown ment National opportunity organization participants pension benefits pension fund percent person plan termination plant portability present President private pension plans problems productivity profit sharing proposed question reason regulations reported requirements residues responsibility retirement income sample Secretary of Labor Section Senator Javits Senator KENNEDY social standards statement stilbestrol Subcommittee suggest tion trust U.S. Senator union vested benefits workers
Popular passages
Page 12 - ... bona fide occupational qualification reasonably necessary to the normal operation of that particular business or enterprise...
Page 13 - Notwithstanding any other provision of this title, it shall not be an unlawful employment practice for an employer to apply different standards of compensation, or different terms, conditions, or privileges of employment pursuant to a bona fide seniority or merit system...
Page 15 - President upon notice and hearing for neglect of duty or malfeasance in office, but for no other cause. (b) A vacancy in the Commission shall not impair the right of the remaining members to exercise all the powers of the Commission and three members thereof shall constitute a quorum.
Page 10 - ... any organization of any kind, any agency, or employee representation committee, group, association, or plan so engaged 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, or other terms or conditions of employment...
Page 16 - Commission shall, before taking any action with respect to such charge, notify the appropriate State or local officials and, upon request, afford them a reasonable time, but not less than sixty days (provided that such sixty-day period shall be extended to one hundred and twenty days during the first year after the effective date of such State or local law), unless a shorter period is requested, to act under such State or local law to remedy the practice alleged.
Page 20 - General), (2) setting forth facts pertaining to such pattern or practice, and (3) requesting such preventive relief, including an application for a permanent or temporary injunction, restraining order or other order...
Page 19 - If the court finds that the respondent has intentionally engaged in or is intentionally engaging in an unlawful employment practice charged in the complaint, the court may enjoin the respondent from engaging in such unlawful employment practice, and order such affirmative action as may be appropriate...
Page 19 - A copy of the certificate and request for a three-judge court shall be immediately furnished by such clerk to the chief judge of the circuit (or in his absence, the presiding circuit judge of the circuit) in which the case is pending.
Page 11 - It shall be an unlawful employment practice for a labor organization — (1) to exclude or to expel from its membership, or otherwise to discriminate against, any individual because of his race, color, religion, sex, or national origin...
Page 19 - In any action commenced pursuant to this title, the court, in its discretion, may allow the prevailing party, other than the United States, a reasonable attorney's fee as part of the costs, and the United States shall be liable for costs the same as a private person.