Annuity Increases for Certain Retirees and Reduced Rate of Employee Deductions: Hearings, Ninety-third Congress, First Session, on H.R. 1262 ...

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Σελίδα 17 - They appeal to the head — which is good. I am appealing to your heads and to your hearts. At the 1971 White House Conference on Aging, President Nixon stated — Any action which enhances the dignity of older Americans enhances the dignity of all Americans, for unless the American dream comes true for our older generation, it cannot be complete for any generation. He further stated — We are speaking, after all, of a proven generation, one that has brought this country through the most turbulent...
Σελίδα 13 - WHEN You GET To THE END OF YOUR ROPE, TIE A KNOT IN IT AND HANG ON.
Σελίδα 18 - This many summers in a sea of glory, But far beyond my depth: my high-blown pride At length broke under me; and now has left me, Weary and old with service, to the mercy Of a rude stream, that must forever hide me. Vain pomp and glory of this world, I hate ye: I feel my heart new opened. O, how wretched Is that poor man that hangs on princes
Σελίδα 18 - Cromwell, Cromwell, Had I but served my God with half the zeal I served my king, he would not in mine age Have left me naked to mine enemies.
Σελίδα 17 - ... We are speaking, after all, of a proven generation, one that has brought this country through the most turbulent period in human history. Gentlemen, there are several bills now pending before this subcommittee with are of interest and importance to our Federal retirees. I refer particularly to HR 30, which would restore full annuities to those who have lost their designated survivor beneficiaries and have not remarried, and the measures to increase the Government's contribution toward health...
Σελίδα 29 - Two, the Federal Government, as employer, would pay the other half of normal cost by agency contributions of 7 percent of pay. Normal cost is the average percentage of pay required to be set aside, invested and earning interest, throughout the total careers of a group of new entrants in order to pay benefits to them and their survivors. It is in no sense a cost for a given year calculated on the experience of that year.
Σελίδα 1 - ... last night, similarly have obligations that you want to fulfill on the Hill. So we hope to conclude our proceedings of this committee hearing as quickly as possible, but prior to taking the testimony that will be given to the committee, I would like to introduce the members of the committee that are here and ask them each to say a word or two, or as many words as they would like. On...
Σελίδα 8 - ... investigating Blue Cross-Blue Shield, finally resulting in the $7.35 per month reduction for those with self and family coverage. I hope that the $9.92 per month increase in Kaiser's coverage can be reduced in the near future. Why do we keep finding ourselves, as Federal retirees, the man in the middle? We in the National Association of Retired Federal Employees were pleased when Congress saw fit to increase social security benefits and railroad retirement benefits, but we were very disappointed...
Σελίδα 24 - ... sufficient amount, then I think that's important for us to know. Mr. RUDDOCK. I agree, Mr. Waldie. I would point out that unless the system is converted to one which intends to supply fully adequate retirement income to everyone who meets at least the minimum qualifications, then I think we are always going to have the people who have worked for the Federal Government who are entitled to an annuity based on short service or low salary but where the annuity does not provide adequate income for...
Σελίδα 3 - ... chairman of our committee, Chairman Dulski, and by the Speaker of the House, Carl Albert. So it really is unique that we are holding the committee hearing and it is attest, I think, again, to the respect with which your organization is held by the leadership on the Hill in the House of Representatives and by this committee. With those opening remarks, let me introduce the first witness today, a friend of mine, a good friend, Arthur Sparks, the president of the National Association of Retired...

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