Amendments to Welfare-pension Plans Disclosure Act: Hearings Before the Special Subcommittee on Labor of the Committee on Education and Labor, House of Representatives, Eighty-seventh Congress, First Session, on H.R. 7234, H.R. 7235, H.R. 7040, and Various Bills Regarding Welfare-pension Legislation ...U.S. Government Printing Office, 1961 - 451 pages |
Other editions - View all
Common terms and phrases
abuses actuarial AFL-CIO amended amount annual report assets basis believe beneficiaries bill bonds broker Chairman commissions committee Congress contributions cost coverage covered criminal Dash & Love Department of Labor detailed embezzlement employee welfare enforcement examination fact Federal Government fees filed FRELINGHUYSEN going GOODELL Group Policy HIESTAND HIGGINS insurance carrier insurance company interest Internal Revenue Internal Revenue Service investigation investments JAMES ROOSEVELT KAPLAN KLINT Landrum-Griffin Act legislation ment million operation paid pension funds Pension Plans Disclosure percent person plan administrator plan descriptions Plans Disclosure Act ployees premium present law Professor PATTERSON proposed provisions PUCINSKI question reason record regulations ROOSEVELT SACHAROFF Secretary GOLDBERG Secretary of Labor SELIGMAN SIEGFRIED SMITH statement statute subcommittee Taft-Hartley Act testimony tion trustees type of plan union United States Code violation Washington National Welfare and Pension welfare fund welfare plans York ZAGRI
Popular passages
Page 227 - It is contrary to the first principles of justice to allow a search through all the respondents records, relevant or irrelevant, in the hope that something will turn up.
Page 3 - ... which will provide in sufficient detail the necessary basic information and data from which the documents filed with the Bureau may be verified, explained or clarified, and checked for accuracy and completeness, and shall include vouchers, worksheets, receipts, and applicable resolutions...
Page 238 - ... well as the letter of the Fourth Amendment would " be loath to believe that Congress intended to authorize one of its subordinate agencies to sweep all our traditions into the fire (Interstate Commerce Commission v. Brimson, 154 US, 447, 479), and to direct fishing expeditions into private papers on the possibility that they may disclose evidence of crime.
Page 200 - For purposes of this section, the term "prohibited transaction" means any transaction in which an organization subject to the provisions of this section— ( 1 ) lends any part of its income or corpus, without the receipt of adequate security and a reasonable rate of interest, to...
Page 193 - ... investigate and gather data regarding the wages, hours, and other conditions and practices of employment in any industry subject to this Act, and may enter and inspect such places and such records (and make such transcriptions thereof), question such employees, and investigate such facts, conditions, practices, or matters as he may deem necessary or appropriate to determine whether any person has violated any provision of this Act, or which may aid in the enforcement of the provisions of this...
Page 195 - States for the district where the trust fund has its principal office, and shall also contain provisions for an annual audit of the trust fund, a statement of the results of 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...
Page 257 - Whenever in the judgment of a United States attorney the testimony of any witness, or the production of books, papers, or other evidence by any witness, in any case or proceeding before any grand jury or court of the United States...
Page 7 - Territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or temporary injunction or restraining order shall be granted without bond.
Page 228 - Any person compelled to appear in person before any agency or representative thereof shall be accorded the right to be accompanied, represented, and advised by counsel or, if permitted by the agency, by other qualified representative.
Page 50 - DUTY OF DISCLOSURE AND REPORTING SEC. 5. (a) The administrator of an employee welfare benefit plan or an employee pension benefit plan shall publish in accordance with section 8 to each participant or beneficiary covered thereunder ( 1 ) a description of the plan and (2) an annual financial report. Such description and such report shall contain the information required by sections 6 and 7 of this Act in such form and detail as the Secretary shall...