Contributory Plan of Retirement of Employees in the Classified Civil Service |
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Page 3
... straight pensions , and I should like to have you hear him . I think he will only ask 5 or 10 minutes in which to present his side of the case , and in the event any other gentlemen appear on that side , we shall be glad to waive any ...
... straight pensions , and I should like to have you hear him . I think he will only ask 5 or 10 minutes in which to present his side of the case , and in the event any other gentlemen appear on that side , we shall be glad to waive any ...
Page 5
... straight pensions ? Mr. RUSSELL . More expensive in the beginning . In the end your straight pension would probably prove the more expensive of the two . I assume that this committee , Mr. Chairman , recognizes the fact that the cost of ...
... straight pensions ? Mr. RUSSELL . More expensive in the beginning . In the end your straight pension would probably prove the more expensive of the two . I assume that this committee , Mr. Chairman , recognizes the fact that the cost of ...
Page 13
... straight pen- sion and the contributory pension plan where the Government does . all the contributing ? Mr. RUSSELL . It would be practically the same so far as the em- ployees are concerned who are now eligible for retirement . The ...
... straight pen- sion and the contributory pension plan where the Government does . all the contributing ? Mr. RUSSELL . It would be practically the same so far as the em- ployees are concerned who are now eligible for retirement . The ...
Page 14
... retirement fund , the cost will be limited to the amount of the increase . The straight pension plan is cheaper in the beginning , but the cost of such a plan will increase from year to year , if we are to use the war pensions as proper ...
... retirement fund , the cost will be limited to the amount of the increase . The straight pension plan is cheaper in the beginning , but the cost of such a plan will increase from year to year , if we are to use the war pensions as proper ...
Page 16
... retire- ment as the most plausible and just to the Government as well as to the employees . We have here in this room honest , conscientious men who favor a straight pension , and maybe some who favor some other plan , but each and ...
... retire- ment as the most plausible and just to the Government as well as to the employees . We have here in this room honest , conscientious men who favor a straight pension , and maybe some who favor some other plan , but each and ...
Common terms and phrases
act applies age of 70 age of retirement AINSWORTH ALIFAS annual salary annuity appropriation Austin bill average salary cent centum certificate CHAIRMAN Civil Service Commission civil service commissioner civil-service employees classified and graded classified civil service clerks Commission on Economy committee compensation compound interest Congress contributions contributory plan cost of living county or municipality death benefit deductions deposit District of Columbia duty Economy and Efficiency eligible employment ernment examination favor February 20 FLAHERTY fund Gillett bill GOLDSCHMIDT Government employees Hamill bill hereby hundred dollars increase of salary interest July next following labor legislation less LOBECK MADDEN ment month monthly payment period of service person ployees position Post Office President promotion receive reclassification retirement of employees RUSSELL savings scheme Secretary statement straight pension plan superannuated employees thousand tion Treasury United wage Washington watchmen Watervliet Arsenal
Popular passages
Page 83 - ... for such deposits. And every association so designated as receiver or depositary of the public money shall take and receive at par all of the national currency bills, by whatever association issued, which have been paid into the Government for internal revenue, or for loans or stocks: Provided, That the Secretary of the Treasury shall distribute the deposits herein provided for, as far as practicable, equitably between the different States and sections.
Page 86 - ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and...
Page 80 - States, shall, directly or indirectly, solicit or receive, or be in any manner concerned in soliciting or receiving, any assessment, subscription, or contribution for any political purpose whatever from any officer, clerk, or employee of the United States...
Page 79 - No officer or employe in the classified civil service of any city who shall have been appointed under said rules and after said examination, shall be removed or discharged except for cause, upon written charges and after an opportunity to be heard in his own defense.
Page 83 - The Treasurer of the United States, with the approval of the Secretary of the Treasury, shall accept, for the...
Page 77 - ... by attachment for contempt or otherwise in the same manner as the production of evidence may be compelled before said court. Every person who, having taken an oath or made affirmation before...
Page 82 - ... per centum of the valuation of its taxable property, to be ascertained by the last preceding valuation of property for the assessment of taxes.
Page 88 - ... deductions shall be a full and complete discharge and acquittance of all claims and demands whatsoever for the services rendered by such person during the period covered by such payment, except as to the benefits provided under this act.
Page 86 - That the Secretary of the Interior is hereby authorized to perform any and all acts and to make such rules and regulations as may be necessary and proper for the purpose of carrying the provisions of this act into full force and effect.
Page 65 - ... are now so advanced in age that their personal contributions will not be sufficient to create their annuities before reaching the retirement age. In my judgment this provision should be amended so that the annuities of those employees shall be paid out of the salaries appropriated for the positions vacated by retirement, and that the difference between the annuities thus granted and the salaries may be used for the employment of efficient clerks at the lower grades. If the bill can be thus amended...