Page:United States Statutes at Large Volume 72 Part 1.djvu/1823

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[72 Stat. 1781]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 1781]

72 S T A T. ]

PUBLIC LAW 8 5 - 9 2 7 - S E P T. 6, 1958

1781

(f) Section 5(1)(6) of such Act is amended by striking out the 4S use 228e. parenthetical phrases in the first and second sentences and by inserting at the end thereof the following sentence: "Wages, as defined in this paragraph, shall be credited for the purposes of this section in the manner and to the extent credited for corresponding purposes of title II of the Social Security Act." 42 USC 401.425. (g) Section 5(1)(7) (ii) of such Act is amended by striking out 45 USC 228e. "forty or more quarters of coverage" and inserting in lieu thereof the . following: "either will have had forty or more quarters of coverage or would be fully insured under title II of the Social Security Act if his 42 USC 40i-42s. service as an employee after December 31, 1936, were included in the term 'employment' as defined in that Act". (h) Section 5(1)(8) of such Act is amended (1) by striking out 45 USC 228e. "will have had (i) " and inserting in lieu thereof " (i) will have had", (2) by inserting "either will have had" after " ( i i) ", and (3) by inserting before the final period a comma and the following: "or would be currently insured under title II of the Social Security Act if his 42 USC 401-425. service as an employee after December 31, 1936, were included in the term 'employment' as defined in that Act". (i) Section 5(1)(9) of such Act is amended—

45 USC 228e. (1) by striking out "quarter in which he will have died" each place it appears in clauses (A) and (B) and by inserting in lieu thereof "employee's closing date"; (2) by striking out the last proviso; and (3) by inserting after the first sentence the following new sentence: "An employee's 'closing date' shall mean (A) the first day of the first calendar year in which such employee both had attained age 65 and was completely insured; or (B) the first day of the calendar year in which such employee died; or (C) the first day of the calendar year following the year in which such employee died, whichever would produce the highest 'average monthly remuneration' as defined in the preceding sentence. If the amount of the 'average monthly remuneration' as computed under this paragraph is not a multiple of $1, it shall be rounded to the next lower multiple of $1". SEC. 3. Section 10(b)(4) of the Railroad Retirement Act of 1937 tfus^^iiii. is amended by inserting after the third sentence the following new sentence: "For purposes of its administration of this Act or the Railroad Unemployment Insurance Act, or both, thie Board may hereafter place, without regard to the numerical limitations contained in section 505 of the Classification Act of 1949, as amended, four positions in grade GS-16 of the General Schedule established by that Act, four positions in grade GS-17 of such schedule, and one position in grade GS-18 of such schedule. SEC. 4. Section 13 of the Railroad Retirement Act of 1937 is "^^ "se 228m. amended (1) by inserting " (a) " after "Sec. 13."; (2) by inserting ", or both" before the final period, and (3) by adding at the end thereof the following new subsection: "(b) All fines and penalties imposed by a court pursuant to this Act shall be paid to the court and be remitted from time to time by order of the judge to the Treasury of the United States to be credited to the Railroad Retirement Account." SEC. 5. (a) The amendments made by sections 1(a), 1 (d), 1 (e), fo'|°4^%o7*"* and 2 (i) shall be effective with respect to annuities awarded under 45 uVe 228athe Rkilroad Retirement Act of 1937 on or after the date of the enact- ^^^ ment of this Act. (b) The amendments made by sections 2(g) and 2 (h) shall be effective (1) with respect to deaths occurring on or after the date of the enactment of this Act and (2) with respect to any death occurring