Report of the Commission on Old Age Pensions, Annuities and Insurance. January 1910Wright & Potter printing Company, 1910 - 409 pages |
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Page 81
... premium from his wages . The number of persons insured under this law at the pres- ent time is about 14,000,000 , out of a total population of over 60,000,000 . num . The obligation to insure begins with the seventeenth year . The old ...
... premium from his wages . The number of persons insured under this law at the pres- ent time is about 14,000,000 , out of a total population of over 60,000,000 . num . The obligation to insure begins with the seventeenth year . The old ...
Page 82
... Premium . I. Less than 350 marks ( $ 87.50 ) , II . Between 350 and 550 marks ( $ 137.50 ) , . III . Between 550 and 850 marks ( $ 212.50 ) , IV . Between 850 and 1,150 marks ( $ 287.50 ) , V. More than 1,150 marks , 110 marks ( $ 27.50 ) ...
... Premium . I. Less than 350 marks ( $ 87.50 ) , II . Between 350 and 550 marks ( $ 137.50 ) , . III . Between 550 and 850 marks ( $ 212.50 ) , IV . Between 850 and 1,150 marks ( $ 287.50 ) , V. More than 1,150 marks , 110 marks ( $ 27.50 ) ...
Page 89
... premiums . The act of 1864 authorized certain specified post offices to undertake the business of selling insurance and annuities under certain restrictions . The minimum and the maximum limits of insurance were fixed at £ 20 and £ 1910 ...
... premiums . The act of 1864 authorized certain specified post offices to undertake the business of selling insurance and annuities under certain restrictions . The minimum and the maximum limits of insurance were fixed at £ 20 and £ 1910 ...
Page 90
... premiums . 2. The limited number of post offices available for annuity and insurance business . 3. The maximum and minimum limits of amount . 4. The complicated nature of the formalities required . The committee recommended the ...
... premiums . 2. The limited number of post offices available for annuity and insurance business . 3. The maximum and minimum limits of amount . 4. The complicated nature of the formalities required . The committee recommended the ...
Page 91
... premiums at quarterly intervals , instead of in annual instalments . 3. Modification of the tables of premiums , to bring them into harmony with present requirements . 4. Disposal of the surplus funds for the benefit of existing ...
... premiums at quarterly intervals , instead of in annual instalments . 3. Modification of the tables of premiums , to bring them into harmony with present requirements . 4. Disposal of the surplus funds for the benefit of existing ...
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Common terms and phrases
12 MONTHS administration adopted age of 65 age relief aged poor almshouse population amount annual annuity association average beneficiary benefits benevolent homes bill board of retirement cent Charles Booth city or town commission committee commonwealth compulsory contributions contributory cost disability earnings employees Endowment Policy established expenditure expense granted income industrial insurance INMATES SEPT institutions insurance commissioner insurance guaranty fund interest investigation labor legislation living wage marks Massachusetts ment military aid monthly non-contributory pensions Non-dependent poor number of persons officers old age insurance old age pensions one-half paid pauper payable payment pension act pension fund pension or insurance pension scheme pension system percentage poll tax poor law poor relief premiums reached the age receive reduction retirement system salary savings bank insurance section five sion superannuation system of old teachers tion total number wage earners weekly widows
Popular passages
Page 326 - Of let him take who has the power, And let him keep who can, the Boers now proceeded to possess themselves of as much territory as they wanted.
Page 331 - ... years, one for a term of four years, one for a term of three years, one for a term of two years, and one for a term of one year...
Page 127 - ... no payment whatsoever of the accrued pension shall be made or allowed, except so much as may be necessary to reimburse the person who bore the expenses of the last sickness and burial of the decedent in cases where he did not leave sufficient assets to meet such expenses.
Page 365 - ... and to the board of retirement, and thereafter if such violation or neglect continues, shall forthwith present the facts to the attorney-general for his action. SECTION 10.
Page 214 - As long as you have taxes upon commodities which are consumed practically by every family in the country, there is no such thing as a non-contributory scheme. If you tax tea and coffee, and partly sugar, beer, and tobacco, you hit everybody one way or another.
Page 333 - ... shall be exempt from taxation and from the operation of any law relating to bankruptcy or insolvency, and shall not be liable to attachment by trustee process or be liable to be taken on execution or on 1 In effect February 1, 1920.
Page 285 - The disintegrating effect on the family. A non-contributory pension system would take away, in part, the filial obligation for the support of aged parents, which is a main bond of family solidarity. It would strike at one of the forces that have created the self-supporting, self-respecting American family. The impairment of family solidarity is one of the most serious consequences to be apprehended from an experiment with non-contributory pensions.
Page 318 - A non-contributory pension system would take away, in part. the filial obligation for the support of aged parents, which is a main bond of family solidarity. It would strike at one of the forces that have created the self-supporting, self-respecting American family. The impairment of family solidarity is one of the most serious consequences to be apprehended from an experiment with non-contributory pensions."* Mr.
Page 327 - Look not alone on youthful Prime, Or Manhood's active might ; Man then is useful to his kind, Supported is his right; But see him on the edge of life, With Cares and Sorrows worn, Then Age and Want, oh, ill-matched pair ! Show Man was made to mourn.
Page 346 - ... and if accordingly he had paid regular contributions from that date to the date of the establishment of the retirement association at the same rate as that first adopted by the board of retirement, and if such deductions had been accumulated with regular interest.