Text: HCR00118                          Text: HCR00120
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House Concurrent Resolution 119

Partial Bill History

Bill Text

PAG LIN
  1  1           HOUSE CONCURRENT RESOLUTION NO. ___
  1  2                       BY  TYRRELL
  1  3           (COMPANION TO LSB 4413SS BY DRAKE)
  1  4 A Concurrent Resolution urging federal Congressional
  1  5    support for widows and widowers under the federal 
  1  6    Railroad Retirement Act of 1974.
  1  7    WHEREAS, a Concurrent Resolution has been
  1  8 introduced in the United States House of
  1  9 Representatives to encourage the United States
  1 10 Railroad Retirement Board to modify the guaranteed
  1 11 minimum benefit for widows and widowers to provide
  1 12 adequate annuities; and
  1 13    WHEREAS, for years, many in the railroad industry
  1 14 have argued that annuities paid to widows and widowers
  1 15 under the federal Railroad Retirement Act of 1974 are
  1 16 inadequate; and
  1 17    WHEREAS, during the lifetime of a railroad employee
  1 18 and the employee's spouse, the employee receives a
  1 19 full annuity and so does the spouse; and
  1 20    WHEREAS, however, after the employee's death, only
  1 21 a widow's or widower's annuity is payable, which under
  1 22 current law is no less than that widow or widower
  1 23 received as a spouse in the month before the
  1 24 employee's death; and
  1 25    WHEREAS, the widow's or widower's annuity is often
  1 26 found inadequate and leaves the survivor with less
  1 27 than the amount of income needed to meet ordinary and
  1 28 necessary living expenses; and
  1 29    WHEREAS, no outside contributions from taxpayers
  1 30 are needed, and any changes will be paid for from
  2  1 within the railroad industry itself, including a full
  2  2 share by active employees; NOW THEREFORE,
  2  3    BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES, THE
  2  4 SENATE CONCURRING, That the General Assembly urges the
  2  5 United States Congress to support U.S. House of
  2  6 Representatives Concurrent Resolution 52 that calls
  2  7 for the Congress of the United States to recognize the
  2  8 concern of many in the railroad industry that the
  2  9 spousal annuity under the current system is inadequate
  2 10 and often leaves the survivor with less than the
  2 11 amount of income needed to meet ordinary and necessary
  2 12 living expenses and that a process of dialogue must
  2 13 take place among all parties of the railroad
  2 14 community, including rail labor, management, and
  2 15 retiree organizations, before railroad annuity
  2 16 legislation can be enacted; and
  2 17    BE IT FURTHER RESOLVED, That the General Assembly
  2 18 supports adoption of the federal Congressional
  2 19 resolution which urges and exhorts all parties of the
  2 20 railroad community, including rail labor, management,
  2 21 and retiree organizations, to find a suitable way to
  2 22 fund an amendment that would improve the survivor
  2 23 benefits component to the Railroad Retirement Act of
  2 24 1974; and
  2 25    BE IT FURTHER RESOLVED, That copies of this
  2 26 Resolution be sent by the Chief Clerk of the House of
  2 27 Representatives to the President of the United States,
  2 28 the President of the United States Senate, the Speaker
  2 29 of the United States House of Representatives, all
  2 30 members of the Iowa Congressional delegation, and the
  3  1 members of the United States Railroad Retirement
  3  2 Board.  
  3  3 LSB 4413HH 77
  3  4 ec/jl/8
     

Text: HCR00118                          Text: HCR00120
Text: HCR00100 - HCR00199               Text: HCR Index
Bills and Amendments: General Index     Bill History: General Index

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