Welfare and Pension Plan Legislation: Hearings, Ninety-third Congress, First Session, on H.R. 2 and H.R. 462 ... |
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accrued actuarial additional administration amended amount annual annuity assets believe beneficiaries benefit funds bill Chairman committee Company Contribution Congress Corporation cost of vesting covered December 31 DENT earned eligibility employee benefit plans employment ERLENBORN established Federal fiduciary responsibility GAYDOS going increase industry Internal Revenue Code Internal Revenue Service investment legislation McGraw-Edison Company ment million minimum NRMA operation payment pension benefits pension credits pension fund pension reform percent period person plan participants plan termination insurance ployees premium private pension plans private pension system problem profit sharing profit-sharing plan proposed question reasonable reinsurance retirement benefits retirement plans rule of 50 SARASIN Savings Deposited Secretary of Labor sharing plans social security SOUTHLAND CORPORATION standards statement Subcommittee Thank tion unfunded union vested liabilities vested pension vested rights vesting provisions Welfare and Pension workers
Popular passages
Page 266 - Commission, there to produce records, if so ordered, or to give testimony touching the matter under investigation or in question; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Page 405 - Council of the Wharton School of Finance and Commerce of the University of Pennsylvania which is a definitive study of the matter.
Page 253 - ... per centum or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by such other per(C) any person directly or indirectly controlling, controlled by, or under common control with, such other person...
Page 266 - Commission may, in its discretion, make such investigations as it deems necessary to determine whether any person has violated or is about to violate...
Page 266 - State at any designated place of hearing. 3. In case of contumacy by. or refusal to obey a subpoena issued to any person, the Commission may invoke the aid of any court of the United States within the jurisdiction of which such investigation or proceeding is carried on, or where such person resides or carries on business, in requiring the attendance and testimony of witnesses and the production of books, papers, correspondence, memoranda, and other records.
Page 267 - Witnesses summoned before the commission shall be paid the same fees and mileage that are paid witnesses in the courts of the United States, and witnesses whose depositions are taken and the persons taking the same shall severally be entitled to the same fees as are paid for like services in the courts of the United States.
Page 267 - Commission may also order testimony to be taken by deposition in any proceeding or investigation pending before it, at any stage of such proceeding or investigation. Such depositions may be taken before any judge of any court of the United States, or any commissioner of a circuit, or any clerk of a district or circuit court, or any chancellor...
Page 266 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation...
Page 134 - Policy's response to several questions on the state of applied science asked by the Subcommittee on Science, Research and Development of the House Committee on Science and Astronautics.
Page 654 - ... with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar 4:ERISA §403(a), 29 USC §1 103(a). with such matters would use in the conduct of an enterprise of a like character and with like aims...