78-202 O TAX PROPOSALS AFFECTING PRIVATE PENSION PLANS HEARINGS BEFORE THE COMMITTEE ON WAYS AND MEANS HOUSE OF REPRESENTATIVES NINETY-SECOND CONGRESS SECOND SESSION ON TAX PROPOSALS AFFECTING PRIVATE MAY 8, 9, 10, 11, 12, 15, AND 16, 1972 Part 1 of 3 Parts (May 8 and 9, 1972) Printed for the use of the Committee on Ways and Means 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) _ _ Page 1 3 Government Witnesses Department of the Treasury: Hon. Edwin S. Cohen, Assistant Secretary for Tax Policy. John E. Chapoton, tax legislative counsel. Public Witnesses Ad Hoc Corporate Pension Fund Committee: 569 Marc M. Twinney, Jr., actuary and pension manager, Ford Motor 574 Kenneth L. Houck, assistant general counsel, Bethlehem Steel CorpAmerican Association of Retired Persons, and National Retired Teachers Association, Bernard E. Nash, executive director, presented by Cyril F. Brickfield, legislative counsel.. 578 326 American Bankers Association: John M. Cookenbach, president, trust division _ _ _ _ _ 293 William F. Lackman, chairman, committee on employees trusts_ 293 293 American Bar Association: Mac Asbill, Jr., chairman, section of taxation _ _ 229 Hon. Sheldon S. Cohen, chairman, special committee on retirement benefits__ 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 |