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PUBLIC LAW 91-215-MAR. 17, 1970

[84

STAT.

Public Law 91-215 March 17, 1970 [H. R. 133001

Railroad Retirement Act of 193 7 and Railroad Retirement Tax Act, amendments. 80 Stat. 1073. 45 USC 228c

64 Stat. 482. 42 USC 402.

80 Stat. 1074. 45 USC 228o. Supplemental taxes. 80 Stat. 1078. 26 USC 3211.

26 USC 3221.

AN ACT To amend the Railroad Retirement Act of 1987 and the Rjiilroad Retirement T a x Act to provide for the extension of supplemental annuities, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 3(j) of the Railroad Retirement Act of 1937 is amended by striking out paragraph (3) and by redesignating paragraph (4) as paragraph (3). SEC. 2. Section 3(j) of the Railroad Retirement x\ct of 1937 is amended by adding at the end thereof the following new paragraphs: "(4) Notwithstanding any other pro\ision of this Act, no individual shall be entitled to a supplemental annuity provided by this subsection for any period after he renders any service as an employee for compensation after his supplemental annuity closing date determined as follows: " (A) Such closing date for an employee who attains age 68 before 1971 shall be January 31, 1971. Such closing date for an employee who attains age 68 during 1971 shall be the last day of the month following the month in which he attains age 68. " (B) Such closing date for an employee who attains age 67 during 1972 shall be the last day of the month following the month in which he attains age 67. Such closing date for an employee who attains age 67 during 1971 shall be January 31, 1972. " (C) Such closing date for an employee who attains age 66 during 1973 shall be the last day of the month following the month in which he attains age 66. Such closing date for an • employee who attains age 66 during 1972 shall be January 31, 1973. " (D) Such closing date for an employee who attains age 65 after 1973 shall be the last day of the month following the month in which he attains age 65. Such closing date for an employee who attains age 65 during 1973 shall be January 31, 1974. "(5) For an employee whose supplemental annuity closing date (determined under paragraph (4)) occurs after he has completed at least 23 years of service and before he has completed 25 years of service and before he is entitled (or on application would be entitled) to monthly insurance benefits under section 202(a) of the Social Security Act, such date shall be extended to whichever of the following first occurs: " (A) the day before the first day of the first month for which he is entitled (or on application would be entitled) to monthly insurance benefits under section 202(a) of the Social Security Act, or " (B) the last day of the first month for which he qualifies for a supplemental annuity under this subsection. "(6) The provisions of paragraphs (4) and (5) shall not supersede the provisions of any agreement reached through collective bargaining between an employer and its employees which provides for mandatory retirement at an age less than the applicable supplemental annuity closing date determined under paragraphs (4) and (5)." SEC. 3. Section 15(b) of the Railroad Retirement Act of 1937 is amended by striking out the second paragraph thereof. SEC. 4. Section 3211(b) of the Railroad Retirement Tax Act is amended to read as follows: "(b) I n addition to other taxes, there is hereby imposed on the income of each employee representative a tax at a rate equal to the rate of excise tax imposed on every employer, provided for in section 3221 (c), for each man-hour for which compensation is paid to him for services rendered as an employee representative."

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