Volume 75
Public Law 87–285
To amend the Railroad Retirement Act of 1937 to provide reduced annuities to male employees who have attained age sixty-two, and for other purposes.
Approved September 22, 1961
Statutory text
AN ACT
To amend the Railroad Retirement Act of 1937 to provide reduced annuities to male employees who have attained age sixty-two, 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 2(a)3
Railroad Retirement Act of 1937, amendment.
Change in benefits.
of the Railroad Retirement Act of 1937 is amended to read as follows:
“3.
Men who will have attained the age of sixty and will have completed thirty years of service, or individuals who will have attained the age of sixty-two and will have completed less than thirty years of service, but the annuity of such men or such individuals shall be reduced by 1/180 for each calendar month that he or she is under age sixty-five when the annuity begins to accrue.”
Sec. 2.
Section 2(f) of the Railroad Retirement Act of 1937 is
amended by striking “three years” and inserting in lieu thereof “one year” and by inserting after the word “filed” where it first appears the following: “, or in the month prior to her or his marriage to such annuitant or pensioner was eligible for an annuity under subsection (a) or (d) of section 5 of this Act or, on the basis of disability, under subsection (c) thereof”.
Sec. 3.
Section 5(l)(1) of the Railroad Retirement Act of 1937 is
amended by inserting before the semicolon at the end thereof the following: “. Where a woman has qualified for an annuity under this section as a widow, and marries another employee who dies within one year after the marriage, she shall not be disqualified for an annuity under this section as the widow of the second employee by reason of not having been married to the employee for one year”.
Sec. 4.
The amendments made by this Act shall be effective with
Effective date.
respect to annuities beginning to accrue in calendar months after the calendar month of enactment thereof.
Approved September 22, 1961.