Code · STATUTE-COMPILATIONS · amend an Act entitled “An Act to establish a retirement system for employees of carriers subject to the Interstate Commerce Act, and for other purposes,” approved August 29, 1935 · Sec. 16

Sec. 16. private pensions

91 words·~1 min read·/statute-compilations/comps-1824/sec-16

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## Sec. 16 private pensions Nothing in this Act 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 Act, nor shall this Act be taken as terminating any trust heretofore, created for the payment of such pensions or gratuities. The annuity, except a supplemental annuity under section 2(b), of an individual shall not be reduced on account of any pension or gratuity paid by an employer to such individual. **[**[45 U.S.C. 231o](/us/usc/t45/s231o)**]**

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U.S. Code

Private pensions
§ 231o

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Sec. 16

private pensions

U.S.C.§ 231o

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