CONTENTS Press release dated Thursday, April 13, 1972, announcing public hearings on administration tax proposal affecting private pension plans... - Committee print containing message from the President, letter of transmittal from the Treasury Department, text of the bill, and administration's explanation (H.R. 12272) – – Department of the Treasury: Page 1 3 Government Witnesses Hon. Edwin S. Cohen, Assistant Secretary for Tax Policy. 70 70 Marc M. Twinney, Jr., actuary and pension manager, Ford Motor 574 Kenneth L. Houck, assistant general counsel, Bethlehem Steel Corp. American Association of Retired Persons, and National Retired Teachers Association, Bernard E. Nash, executive director, presented by Cyril F. Brickfield, legislative counsel.. William F. Lackman, chairman, committee on employees trusts _ _ American Bar Association: Hon. Sheldon S. Cohen, chairman, special committee on retirement benefits... 293 293 229 241 American Federation of Labor-Congress of Industrial Organizations: 401 401 401 American Institute of Certified Public Accountants, Robert G. Skinner, chairman, division of Federal taxation____ 315 American Telephone & Telegraph Co., Stanley L. King, Jr., assistant vice president, human resources_ 516 Ammond, Harold J., national director, Political Action Committee for 615 Anderson, Hon. John B., a Representative in Congress from the State of 112 Asbill, Mac, chairman, section of taxation, American Bar Association__ 229 267 604 647 267 350 Bassett, Preston C., director, vice president, and actuary, Towers, Perrin, 425 Beidler, Jack, legislative director, United Auto Workers of America 507 293 401 Biemiller, Andrew J., director, Department of Legislation, American Page Brickfield, Cyril F., legislative counsel, American Association of Retired Bridges, John F., president, First Investment Annuity Co. of America.... Cantor, Arnold, economist, Research Department, American Federation of Cardon, John A., Washington, D.C., Ad Hoc Corporate Pension Fund Casstevens, Bill, director, United Auto Workers of America, region 2- E. S. Willis, member, private pension plans committee - Cohen, Hon. Sheldon S., chairman, special committee on retirement bene- 551 326 493 413 401 569 507 551 551 551 241 College Retirement Equities Fund, and Teachers Insurance & Annuity 522 293 Council on Employee Benefits: Walter E. Klint, trustee and member, executive committee_ 287 287 Curtis, James, Seattle, Wash. 490 Doyle, Robert, legislative counsel, National Society of Professional 338 Dreher, William A., president, William A. Dreher & Associates 454 Edwards, Nelson Jack, vice president, United Auto Workers of America... Erlenborn, Hon. John N., a Representative in Congress from the State of Illinois 507 616 Ferster, Herbert, New York, N. Y. 498 First Investment Annuity Co. of America, John F. Bridges, president.. 493 417 Fraser, O'Hear W., Jr., Washington, D.C.. 547 Gertner, Marc, counsel, International Brotherhood of Electrical Workers, 417 Golf Course Superintendents Association of America, Charles G. Baskin, secretary-treasurer_ 350 Greenberg, Bernard, assistant director, insurance, pension, and unemploy- 631 522 Halperin, Prof. Daniel, University of Pennsylvania Law School. 306 216 Hillis, Hon. Elwood H., a Representative in Congress from the State of 220 Houck, Kenneth L., assistant general counsel, Bethlehem Steel Corp., 578 International Brotherhood of Electrical Workers, Local No. 8: H. Lawrence Fox, counsel 417 Marc Gertner, counsel.. 417 Investment Co. Institute, Robert L. Augenblick, president. 604 Javits, Hon. Jacob K., a U.S. Senator from the State of New York. Kelso, Louis O., legal counsel, Bangert & Co., San Francisco, Calif 647 Kennedy, Jack E., secretary-treasurer, National Council on Teacher 324 Page Keogh, Hon. Eugene J., New York, N. Y. King, Stanley L., Jr., assistant vice president, human resources, American Klint, Walter E., trustee and member, executive committee, Council on 258 516 287 Lackman, William F., chairman, committee on employees trusts, American 293 Landry, Jerome, cochairman, legislative committee, National Conference on Public Employee Retirement Systems. 249 Liebenson, Herbert, legislative vice president, National Small Business 610 Lippman, S. G., Washington counsel, Political Action Committee for Mantler, Marshall J., managing director, Bureau of Salesmen's National 413 Martin, John H., vice president, Litton Industries, Inc. 451 McCormick, Deane E., Jr., tax counsel, Litton Industries, Inc. 451 McKinley, Jack, the Prototype Planner. 365 Melgard, Andrew A., committee executive, private pension plans commit- 551 303 Myers, Robert J., Silver Spring, Md. 283 Nash, Bernard E., executive director, American Association of Retired 326 National Association of Life Underwriters, W. Warren Barberg, chairman.. 267 249 National Council on Teacher Retirement, Jack E. Kennedy, secretarytreasurer 324 National Education Association, W. Jack Tennant, coordinator, office of teacher retirement.. 253 National Retired Teachers Association, and American Association of Retired Persons, Bernard E. Nash, executive director, presented by Cyril F. Brickfield, legislative counsel. 326 National Small Business Association: Robert C. Ware, consultant__ Herbert Liebenson, legislative vice president.. National Society of Professional Engineers: Paul E. Robbins, executive director_ Robert Doyle, legislative counsel. Nyhart, Eldon H., president, Howard E. Nyhart Co.. 610 610 338 338 299 Paine, Thomas H., legislative committee, Council on Employee Benefits- Robbins, Paul E., executive director, National Society of Professional 338 Seidman, Bert, director, Department of Social Security, American Federation of Labor-Congress of Industrial Organizations. 401 Sheehan, John J., legislative director, United Steelworkers of America__. Skinner, Robert G., chairman, division of Federal taxation, American Institute of Certified Public Accountants.. 631 315 Smith, Quentin I., Jr., president, Towers, Perrin, Forster & Crosby- 425 352 Solenberger, Willard, department of social security, United Auto Workers of America_ 507 Towers, Perrin, Forster & Crosby: Quentin I. Smith, Jr., president_. Susman, Gerald Stephan, Philadelphia, Pa.. Teachers Insurance & Annuity Association of America, and College Retirement Equities Fund, Dr. William C. Greenough, chairman__ Tennant, W. Jack, coordinator, office of teacher retirement, National Education Association. Preston C Bassett, director, vice president, and actuary- Page 359 522 253 425 425 Twinney, Marc, M., Jr., actuary and pension manager, Ford Motor Bernard Greenberg, assistant director, insurance, pension, and un employment benefits department.. 631 John J. Sheehan, legislative director. 631 Ware, Robert C., consultant, National Small Business Association__ 610 618 Willis, E. S., member, private pension plans committee, Chamber of 551 Wolper, Marshall I., president, Association for Advanced Life Underwriting-- 267 Material Submitted for the Record Adams, R. L., benefits manager, Reynolds Aluminum, letter dated May 9, 1972, to Chairman Mills.. 603 Alameda County (Calif.) Bar Association: Dale I. Stoops, president, telegram dated May 6, 1972, forwarded by 244 Harold C. Norton, secretary, letter dated May 5, 1972, forwarded by 244 Alaska Bar Association, Mary Lafollette, telegram dated May 5, 1972, forwarded by Sheldon S. Cohen American Association of Medical Clinics, Dr. Edward M. Wurzel, executive director, letter dated May 18, 1972, to Chairman Mills, with statement_. 244 731 American Bankers Association, John M. Cookenbach, president, trust division, technical memorandum.. 297 American Dental Association, Dr. Carl A. Laughlin, president, letter dated 734 743 American Life Convention and Life Insurance Association of America, joint statement.. 743 American Medical Association, Dr. Ernest B. Howard, executive vice 748 748 823 Apfelberg, Alvin I., New York, N. Y., letter dated May 11, 1972, to 749 596 Association of Long Island Engineers & Scientists, Arthur L. Rossoff, 749 750 Association of the Bar of the City of New York, Committee on Taxation, statement_ _. 752 Bank of America, Samuel B. Stewart, senior vice chairman of the board, letter dated May 12, 1972, to Chairman Mills... 754 Barnard, Morton John, president, Illinois State Bar Association, letter Batts, Roscoe W., vice president, industrial relations, International Bethlehem Steel Corp., Kenneth L. Houck, assistant general counsel, Blue Bell, Inc., E. A. Morris, chairman, R. S. LeMatty, president, L. K. Boland, Hon. Edward P., a Representative in Congress from the State of Bressler, Barry, associate professor of economics, Richmond College, City Page 246 600 596 245 604 755 720 847 Broyhill, Hon. James T., a Representative in Congress from the State of 729 Brummund, Walter H., Appleton, Wis., letter dated May 8, 1972, to the 757 Bruskotter, J. W., manager, employee relations, Marathon Oil Co., letter dated May 15, 1972, to Chairman Mills.. 600 Buesser, Frederick G., president, State Bar of Michigan, letter dated May 247 760 California Bar Association, John S. Malone, secretary, telegram dated 245 760 Carton, V. J., manager, employee benefits, Gulf Oil Corp., letter dated May 3, 1972, to John M. Martin, Jr., chief counsel, Committee on Ways and Means.. 599 Chicago Bar Association: Milton H. Gray, president, letter dated May 3, 1972, forwarded by 245 Eugene J. Farrug, economics of legal profession committee, letter dated May 2, 1972, forwarded by Sheldon S. Cohen__. Cincinnati (Ohio) Bar Association, Robert R. Lavercombe, president, telegram dated May 4, 1972, forwarded by Sheldon S. Cohen--Clarke, David J., president, Denver (Colo.) Bar Association, telegram dated May 6, 1972, forwarded by Sheldon S. Cohen.... Columbia Broadcasting System, Inc., Kenneth W. Hoehn, vice president and treasurer, letter dated May 9, 1972, to the Committee on Ways and Means__ 245 246 246 Cookenbach, John M., president, trust division, American Bankers Asso- 596 297 760 760 808 Cramer, Harold, chancellor, Philadelphia Bar Association, letter dated 248 Credit Union National Association, Inc., George R. LaChapelle, president, statement.... 810 Daume, W. B., director of corporate personnel, Monsanto Co., letter dat ed 601 Davenport, John S., III, president, Virginia Bar Association, letter dated 248 Dechert, Price & Rhoads, Philadelphia, Pa., Kenneth W. Gemmill, letter dated May 5, 1972, to Chairman Mills.. 815 |