Investment of Insurance Funds: Hearing, Eighty-sixth Congress, Second Session, February 2, 1960U.S. Government Printing Office, 1960 - 30 страници Considers H.R. 9378, to transfer power of investment of National Service Life Insurance funds from Treasury Department to VA and to allow VA to invest such funds into public debt securities bearing higher interest rates than present investments. |
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Често срещани думи и фрази
3½ percent 755 of title actuarial ADAIR amend sections 720 American Legion average market yield BAIRD based upon current bear interest bill bonds Budget Bureau calendar month CHAIRMAN civil service retirement Committee on Investment Committee on Veterans Congress current market yields disability insurance trust due or callable effect Federal old-age fiscal fixing interest rates formula for fixing Government life insurance Heffelfinger insurance companies insurance fund insurance trust fund interest earnings interest-bearing obligations Investment Policy January 14 June 30 legislation market rates million MITCHELL national service NSLI fund old-age and survivors OLIN E proposed public debt obligations rates not less rates of interest rates on special recommended ROBERT N. C. NIX ROSS ADAIR Secretary Security Financing service life insurance service retirement fund special issues maturing special obligations issued statutory survivors insurance trust TEAGUE title 38 Treasury formula Treasury obligations issued U.S. Government United States Code USGLI fund W. J. BRYAN DORN
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Страница 789 - ... and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities...
Страница 792 - Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt; except that where such average rate is not a multiple of oneeighth of 1 per centum...
Страница 779 - Administrator. (b) The Administrator is authorized to set aside out of such fund such reserve amounts as may be required under accepted actuarial principles, to meet all liabilities under such insurance ; and the Secretary of the Treasury is hereby authorized to invest and reinvest...
Страница 785 - Account from the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund...
Страница 791 - That the United States shall bear the expenses of administration and the excess mortality and disability cost resulting from the hazards of war. The premium rates shall be the net rates based upon the American Experience Table of Mortality and interest at three and one-half per centum per annum.
Страница 796 - Act now provides that special obligations issued to the railroad retirement accounts "shall bear interest at a rate equal to the average market yield, computed as of the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt that are not due or callable until after the expiration of 3 years from the end of such calendar month * * *" The bill would change the words "average" and...
Страница 804 - Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
Страница 790 - The bureau is authorized to set aside out of the fund so collected such reserve funds as may be required, under accepted actuarial principles, to meet all liabilities under such insurance; and the Secretary of the Treasury is hereby authorized to invest and reinvest the said United States Government life insurance...
Страница 789 - Be it enacted by the Senate and House of Representatives of the Vnited States of America in Congress assembled, That...
Страница 804 - Treasury is hereby authorized to invest and reinvest such fund, or any part thereof, in interest-bearing obligations of the United States or in obligations guaranteed as to principal and interest by the United States, and to sell such obligations for the purposes of such fund.