Page:United States Statutes at Large Volume 60 Part 1.djvu/761

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PUBLIC LAWS-CH. 709-JULY 31, 1946 o"Wage quarter of "(5) The term 'wage quarter of coverage' shall mean any quarter coverage." 49 Stat. 622. of coverage determined in accordance with the provisions of title II 42 U. S. C. §§401- Sci 410a; supp. v, § 401 of the Social Security Act; Stq p. 732; p "(6) The term 'wages' shall mean wages as defined in section Ante, p. 732; post, P. 979 et s. 209 (a) of the Social Security Act; 53 Stat. 1373. 42 U.S. C. 40(a). (7) An employee will have been 'completely insured' if it Ctmpletely in. appears to the satisfaction of the Board that at the time of his sured&" death, whether before or after the enactment of this section, he will have had the qualifications set forth in any one of the following paragraphs: "(i) a current connection with the railroad industry; and a number of quarters of coverage not less than six, and at least equal to one-half of the number of quarters, elapsing in the period after 1936, or after the quarter in which he will have attained the age of twenty-one, whichever is later, and up to but excluding the quarter in which he will have attained the age of sixty-five years or died, whichever will first have occurred (excluding from the elapsed quarters any quarter dur- ing any part of which a retirement annuity will have been payable to him); and if the number of such elapsed quarters is an odd number such number shall be reduced by one; or "(ii) a current connection with the railroad industry; and forty or more quarters of coverage; or "(iii) a pension will have been payable to him; or a retire- ment annuity based on service of not less than ten years (as computed in awarding the annuity) will have begun to accrue to him before 1948; "Partiallyinsured." "(8) An employee will have been 'partially insured' if it appears to the satisfaction of the Board that at the time of his death, whether before or after the enactment of this section, he will have had (i) a current connection with the railroad industry; and (ii) six or more quarters of coverage in the period beginning with the third calendar year next preceding the year in which he will have died and ending with the quarter next preceding the quarter in which he will have died; remAVragieonm 0 nthly "(9) An employee's 'average monthly remuneration' shall mean the quotient obtained by dividing (A) the sum of the compensation and wages paid to him after 1936 and before the quarter in which he will have died, eliminating for any single calendar year, from compensation, any excess over $300 for any calendar month in such year, and from the sum of wages and compensation any excess over $3,000, by (B) three times the number of quarters elapsing after 1936 and before the quarter in which he will have died: Provided That for the period prior to and including the calendar year in which he will have attained the age of twenty-two there shall be included in the divisor not more than three times the number of quarters of coverage in such period: Provided further, That there shall be excluded from the divisor any calendar quarter during any part of which a retirement annuity will have been payable to him. "Compensation. " "With respect to an employee who will have been awarded a retirement annuity, the term 'compensation' shall, for the purposes of this paragraph, mean the compensation on which such annuity will have been based; "Basicamount." "(10) The term 'basic amount' shall mean- "(i) for an employee who will have been partially insured, or completely insured solely by virtue of paragraph (7) (i) or (7) (ii) or both: the sum of (A) 40 per centum of his average monthly remuneration, up to and including $75; plus (B) 10 per centum of such average monthly remuneration exceeding $75 734 [60 STAT.