45 U.S.C. § 231o

U.S.C. Title 45 - RAILROADS
45 U.S.C.

United States Code, 2024 Edition

Title 45 - RAILROADS

CHAPTER 9 - RETIREMENT OF RAILROAD EMPLOYEES

SUBCHAPTER IV - RAILROAD RETIREMENT ACT OF 1974

Sec. 231o - Private pensions

From the U.S. Government Publishing Office, www.gpo.gov

§231o. Private pensions

Nothing in this subchapter shall be taken as restricting or discouraging payment by employers to retired employees of pensions or gratuities in addition to the annuities paid to such employees under this subchapter, nor shall this subchapter be taken as terminating any trust heretofore created for the payment of such pensions or gratuities. The annuity, except a supplemental annuity under section 231a(b) of this title, of an individual shall not be reduced on account of any pension or gratuity paid by an employer to such individual.

(Aug. 29, 1935, ch. 812, §16, as restated June 24, 1937, ch. 382, pt. I, 50 Stat. 307, as restated Pub. L. 93–445, title I, §101, Oct. 16, 1974, 88 Stat. 1349.)

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