Pension Task Force Report on Public Employee Retirement SystemsU.S. Government Printing Office, 1978 - 858 pàgines |
Altres edicions - Mostra-ho tot
Frases i termes més freqüents
100 Subtotal actuarial funding Amendment amount annual Annuity and Benefit Average active membership basis Benefit Fund bonds centum Chicago Transit Authority Civil Service Retirement compensation corporation Court disability District elected employee contributions employee retirement systems ERISA Fiduciary standards financing firemen fiscal government employees governmental plans Illinois income replacement rates interest Internal Revenue Code Internal Revenue Service investment level of administration loan ment System mortgage municipal obligations officers payable payment pension and retirement pension benefits pension funds pension system percent of plans percentage plan assets plan participants plans covering Police and fire Policemen political subdivisions public employee retirement public pension plans public plans retirement benefits Retirement Fund retirement plans salary savings bank Service Retirement System Social Security Stat Supra Table Teachers higher education TIAA-CREF tion Total membership U.S. Congress vesting York City
Passatges populars
Pàgina 174 - 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...
Pàgina 14 - Amendment has been characterized as a 'truism,' stating merely that 'all is retained which has not been surrendered," United States v. Darby, 312 US 100, 124 (1941), it is not without significance. The Amendment expressly declares the constitutional policy that Congress may not exercise power in a fashion that impairs the States' integrity or their ability to function effectively in a federal system.
Pàgina 165 - Many forms of conduct permissible in a workaday world for those acting at arm's length are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior.
Pàgina 635 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due to it.
Pàgina 24 - material", when used to qualify a requirement for the furnishing of information as to any subject, limits the information required to those matters as to which an average prudent investor ought reasonably to be informed before purchasing the security registered.
Pàgina 593 - ... shall borrow any of its funds or deposits or in any manner use the same except to make such current and necessary...
Pàgina 22 - ... bona fide occupational qualification reasonably necessary to the normal operation of the particular business, or where the differentiation is based on reasonable factors other than age; (2) to observe the terms of a bona fide seniority system or any bona fide employee benefit plan such as a retirement, pension, or insurance plan...
Pàgina 412 - The legislature shall never grant any extra compensation to any public officer, agent, servant, or contractor, after the services shall have been rendered or the contract entered into. Nor shall the compensation of any public officer be increased or diminished during his term of office.
Pàgina 28 - ... (A) 70 percent or more of all the employees, or 80 percent or more of all the employees who are eligible to benefit under the plan if 70 percent or more of all the employees are eligible to benefit under the plan, excluding in each case employees...
Pàgina 15 - We hold that insofar as the challenged amendments operate to directly displace the States' freedom to structure integral operations in areas of traditional governmental functions, they are not within the authority granted Congress by Art. I, § 8, cl.