A bill to provide that railroad employees may retire on a full annuity at age 60 or after serving 30 years, to provide that such annuity for any month shall be not less than one-half of the individual's average monthly compensation for the 5 years of highest earnings.

referredUnited States· United States Congress· EN

Introduced

3 January 1973

Last action

—

Status

Referred to House Committee on Interstate and Foreign Commerce.

Summary

Provides that, under the Railroad Retirement Act of 1937, railroad employees may retire on a full annuity at age sixty or after serving thirty years. Provides that such annuity for any month shall not be less than one-half of the individuals average monthly compensation for the five years of highest earnings. (Amends 45 U.S.C. 216)

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Documents

1 official file

Introduced in House
summary · EN · 3 January 1973
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/house-bill/212
Open data entity: https://api.congress.gov/v3/bill/93/hr/212