Hearings, Reports and Prints of the House Committee on Education and Labor, Deli 1–2U.S. Government Printing Office |
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accrued accrued benefits actuarial administrative Agreement amended amount annual annuity assets BAILEY believe beneficiaries benefit funds bill bonding bonding companies Chairman committee Company Contribution Congress Corporation cost of vesting covered December 31 DENT earned eligibility employee benefit plan employment ERLENBORN established Federal fiduciary responsibility GAYDOS going income increase industry interest Internal Revenue Code Internal Revenue Service investment legislation McGraw-Edison Company ment million minimum NRMA Partial Pension payment pension benefits pension credits pension reform percent period person plan participants plan termination insurance ployees premiums private pension plans private pension system problem profit profit-sharing plan proposed question reasonable reinsurance retirement benefits retirement plans SARASIN Savings Deposited Secretary of Labor sharing plans social security SOUTHLAND CORPORATION standards statement Subcommittee Thank tion unfunded union vested liabilities vested rights vesting provisions Welfare and Pension workers
Priljubljeni odlomki
Stran 613 - In acquiring, investing, reinvesting, exchanging, retaining, selling and managing property for the benefit of another, a fiduciary shall exercise the judgment and care under the circumstances then prevailing, which men of prudence, discretion and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital.
Stran 613 - ... (4) makes any substantial purchase of securities or any other property, for more than adequate consideration in money or money's worth, from; (5) sells any substantial part of its securities or other property, for less than an adequate consideration in money or money's worth, to; or (6) engages in any other transaction which results in a substantial diversion of its income or corpus...
Stran 618 - The summary plan description shall include the information described in subsection (b), shall be written in a manner calculated to be understood by the average plan participant...
Stran 507 - ... with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims...
Stran 430 - I am a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and the Institute of Actuaries, Great Britain.
Stran 681 - ... any employee of the donor, any officer or employee of a corporation in which he owns (directly or Indirectly) 50 percent or more in value of the outstanding stock, or any partner or employee of a partnership in which he owns (directly or indirectly) 80 percent or more of the capital interest or profits Interest.
Stran 203 - I am a fellow of the Society of Actuaries and a member of the American Academy of Actuaries. The...
Stran 124 - Plaintiffs bring this action as a class action under Rule 23 of the Federal Rules of Civil Procedure...
Stran 117 - ... which shall be available for inspection by interested persons at the principal office of the trust fund and at such other places as may be designated in such written agreement; and (C) such payments as are intended to be used for the purpose of providing pensions or annuities for employees are made to a separate trust which provides that the funds held therein cannot be used for any purpose other than paying such pensions or annuities...
Stran 682 - For purposes of this section, control means the ownership of stock possessing at least 50 percent of the total combined voting power of all classes of stock entitled to vote, or at least 50 percent of the total value of shares of all classes of stock.