An Act to amend the Railroad Retirement Act of 1937, the Railroad Retirement Tax Act, the Railroad Unemployment Insurance Act, and the Temporary Extended Railroad Unemployment Insurance Benefits Act of 1961 to increase the creditable and taxable compensation, an
PL 88-133 (H.R.8100), enacted 10/05/1963

77 STAT. ] 
PUBLIC LAW 88-133-OCT. 5, 1963 
219 
Public Law 88-133 
)cto 
[H. R. 8100] 
AN ACT 
To amend the Railroad Retirement Act of 1937, the Railroad Retirement Tax 
Act, the Railroad Unemployment Insurance Act, and the Temporary Extended 
Railroad Unemployment Insurance Benefits Act of 1961 to increase the 
creditable and taxable compensation, and for other purposes. 
Me it enacted hy the Senate and House of Representatives 
of the 
iTmted States of America in Congress assembled, 
TITLE I—AMENDMENTS TO T H E EAILROAD RETIRE-
MENT ACT OF 1937 
SECTION 1. Section 3(a) of the Railroad Retirement Act of 1937 
so stat. 3io; 
is amended by striking out "$250" and inserting in lieu thereof 
45 ug^ 2
*
2
8
c 
"$300". 
SEC. 2. Section 3(c) of the Railroad Retirement Act of 1937 is 
amended by inserting before ", shall be recognized" in the second 
sentence the following: "and before the calendar month next follow-
ing the month in which this Act was amended in 1963, or in excess of 
$450 for any month after the month in which this Act w^as so 
amended". 
SEC. 3. Section 4(k) of the Railroad Retirement Act of 1937 is 
se stat. 205; 
amended by striking out "by the individual who rendered such mili- ^°4f'^usc^2^28c-i 
tary service", and by striking out "six months" and inserting in lieu 
thereof "twelve months". 
SEC. 4. Section 4(n) of the Railroad Retirement Act of 1937 is 
70 stat. 877. 
amended— 
(1) by inserting after "January 1, 1937," in the first and sixth 
sentences the following: "and after June 30, 1963,"; 
(2) by striking out "after December 1956" in the first sentence 
and inserting in lieu thereof "after December 31, 1956, and 
before July 1,1963,"; 
(3) by striking out the second, third, and fourth sentences and 
inserting in lieu thereof the following: "The additional cost of 
crediting military service rendered prior to January 1, 1937, and 
after June 30, 1963, shall be determined as follows: (i) determine 
the difference between the actuarial value of the benefit payable 
under this Act based in part on military service and the actuarial 
value of the benefit which would be payable to the same individual 
without regard to military service; (ii) with respect to military 
service rendered after June 30, 1963, adjust such difference by 
applying thereto the ratio of the total net level cost of all benefits 
under this Act to the portion thereof remaining after the exclusion 
of administrative expenses and interest charges on the unfunded 
accrued liability after taking into accountjhe effects of section 
5(k) (2) ; and (iii) subtract the actuarial Value of such benefit 
70 stat. sae. 
based on the individual's military service as i^ includible in 
^s use 228e. 
determinations made pursuant to section 5 (k) (2). In calculating' 
these actuarial values, the Board shall use such mortality tables 
and actuarial factors as it finds appropriate; the ratio referred 
to in clause (ii) of the preceding sentence shall be determined 
from time to time by the Board on the basis of actuarial estimates 
made in accordance with section 15; and all actuarial values shall 
50 stat. 316; 
be calculated as of the date on which the benefit based on military ^°*'' P- 220. 
service begins to accrue and shall not thereafter be subject to 
"
^
^ "^^ ^^*°' 
change. AU actuarial calculations in this subsection shall take 
into account interest at the rate used in the actuarial estimates 
referred to in the preceding sentence."; 
70 Stat. 
42 use 
875. 
417. 
42 u s e 401-
425. 
220 
PUBLIC LAW 88-133-OCT. 5, 1963 
[77 STAT. 
(4) by striking out all of the seventh sentence after "thereon" 
and inserting in lieu thereof a period; 
(5) by striking out the eighth sentence and inserting in lieu 
thereof the following: "In determining pursuant to section 5 (k) 
70 Stat. 836. 
(2) for any fiscal year the total amount to be credited from the 
45 use 288e. 
Railroad Retirement Account to the Federal Old-Age and Sur-
vivors Insurance Trust Fund and the Federal Disability In-
surance Trust Fund, credit shall be given such Account for the 
amount of the taxes described in clause (3) (B) of the first sen-
tence of this subsection and the amount of such taxes with respect 
to military service after June 30, 1963."; and 
(6) by adding at the end of the subsection the following new 
sentences: "The amount authorized to be appropriated to the 
Railroad Retirement Account pursuant to clause (2) of the first 
sentence of this subsection shall be reduced by the amounts 
credited to such Account pursuant to section 5(k) (2) for mili-
tary service rendered before January 1, 1957, and the amounts so 
credited shall be considered as additional costs within the mean-
ing of section 217(g) of the Social Security Act. In any deter-
mination made pursuant to section 5(k) (2), no further charges 
shall be made against the Trust Funds established by title II of 
the Social Security Act for military service rendered before Jan-
uary 1,1957, and with respect to which appropriations authorized 
by clause (2) of the first sentence of this subsection shall have 
been credited to the Railroad Retirement Account, but the addi-
tional benefit payments incurred by such Trust Funds by reason 
of such military service shall be taken into account in making any 
such determination." 
62 Stat. 577; 
SEC. 5. Sectiou 5(f)(2) of the Railroad Retirement Act of 1937 
I «f=t i7Rn 
is amended by inserting after "so amended" (in the first parenthetical 
phrase after clause (vi)) the following: "and before the calendar 
month next following the month in which this Act was amended 
in 1963, and in excess of $450 for any month after the month in 
which this Act was so amended". 
60 Stat. 7 34; 
SEC. 6. (a) Sectiou 5(1) (9) of the Railroad R-etirement Act of 
1937 IS amended— 
(1) by Striking out "and" where it appears the third time; 
(2) by inserting after "so amended" the following: "and before 
the calendar month next following the month in which this Act 
was amended in 1963 and anj^ excess over $450 for any calendar 
month after the month in which this Act was so amended"; and 
(3) by striking out "$400" where it appears the second time 
and inserting in lieu thereof "$450". 
(b) Section 5 (1) (10) of such Act is amended by striking out "$400" 
and inserting in lieu thereof "$450". 
50 stat^. 316. 
SEC. 7. (a) Section 15 of the Railroad Retirement Act of 1937 
is amended by striking out the third sentence of subsection (a); and 
by striking out subsection (b) and inserting in lieu thereof the 
following: 
"(b) At the request and direction of the Board, it shall be the duty 
of the Secretary of the Treasury to invest such portion of the amounts 
credited to the Account as, in the judgment of the Board, is not imme-
diately required for the payment of annuities, pensions, and death 
benefits. 
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. For such purpose 
such obligations may be acquired (1) on original issue at the issue 
price; or (2) by purchase of outstanding obligations at the market 
price. The purposes for which obligations of the United States may 
7 2 Stat. 1780 
45 u s e 288e 
72 Stat. 1781. 
45 u s e 2 28o. 
77 STAT. ] 
PUBLIC LAW 88-133-OCT. 5, 1963 
221 
be issued under the Second Liberty Bond Act, as amended, are hereby 
40 stat. 288. 
extended to authorize the issuance at par of special obligations exclu- 
^^ "^^ ^^'*^^)-
sively to the Account. Such obligations issued for purchase by the 
Account shall have maturities fixed with due regard for the needs 
of the Account, and shall bear interest at a rate equal to the average 
market yield, computed as of the end of the calendar month next pre-
ceding 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 three 
years from the end of such calendar month, except that where such 
rate is not a multiple of one-eighth of 1 per centum, the rate of interest 
on such obligations shall be the multiple of one-eighth of 1 per centum 
nearest such rate: Provided^ That the rate of interest on such obliga-
tions shall in no case be less than 3 per centum per annum. The Secre-
tary of the Treasury may purchase other interest-bearing obligations 
of the United States, or obligations guaranteed as to both principal 
and interest by the United States, on original issue or at the market 
price only if he determines that such purchases are in the public 
interest, provided that tlie investment yield of such obligations shall 
not be less than the interest rate determined in accordance with the 
preceding sentence. If it is in the interest of the Account so to do, 
the Secretary of the Treasury may sell and dispose of obligations 
in the Account and he may sell obligations acquired by the Account 
(other than special obligations issued exclusively to the Account) at 
the market price. Special obligations issued exclusively to the Account 
shall, at the request of the Board, be redeemed at par plus accrued 
interest. 
All amounts credited to the Account shall be available 
for all purposes of the Account." 
(b) The Secretary of tlie Treasury is authorized to retire the spe-
cial obligations held by the Account on the date of enactment of this 
Act and to issue in lieu thereof special obligations with an interest 
rate determined as provided for in section 15(b) of the Railroad 
Retirement Act of 1937 as amended by this Act. 
supra. 
SEC. 8. The provisions of sections 1, 2, 5, and 6 of this Act shall be 
Effective dates. 
effective with respect to annuities accruing and deaths occurring after 
the month in which this Act is enacted. 
The provisions of section 
3 shall be effective with respect to annuities awarded on or after the 
date of enactment of this Act. 
The provisions of section 7(a) shall 
be effective on the date of the enactment of this Act. 
TITLE II—AMENDMENTS TO T H E RAILROAD RETIRE-
MENT TAX ACT 
SEC. 201. Sections 3201 and 3211 of the Railroad Retirement Tax 
Act are each amended by inserting before the colon the following: 
73 stat. 28,29. 
"before the calendar month next following the month in which this 32^1^^^ ^^°^' 
provision was amended in 1963, or $450 for any calendar month after 
the month in which this provision was so amended". 
SEC. 202. Sections 3202 and 3221(a) of the Railroad Retirement 
Tax Act are each amended by inserting after "$400" wherever it 
68A stat. 431, 
appears the following: "for any calendar month before the calendar "^^^^ Ifs^fio?' 
month next following the month in which this provision was amended 3221. 
in 1963, or $450 for any calendar month after the month in which this 
provision was so amended". 
222 
PUBLIC LAW 88-133-OCT. 5, 1963 
[77 STAT. 
TITLE III—AMENDMENTS TO T H E RAILROAD 
UNEM-
PLOYMENT INSURANCE ACT AND T H E TEMPORARY 
EXTENDED RAILROAD UNEMPLOYMENT INSURANCE 
BENEFITS ACT OF 1961 
SEC. 301. (a) Section 3 of the Railroad Unemployment Insurance 
54 Stat. 1097. 
Act is amended to read as follows: 
45 use 353. 
"Qualifying Condition 
"SEC. 3. An employee shall be a 'qualified employee' if the Board 
finds that his compensation will have been not less than $750 with 
respect to the base year, and, if such employee has had no compensation 
prior to such year, that he will have had compensation with respect 
to each of not less than seven months in such year." 
(b) The amendment made by subsection (a) shall be fully effective 
with respect to base yeai-s after 1963. With respect to the base year 
1963, they shall be applicable only to an employee concerning whom 
the Railroad Retirement Board finds that his compensation in that 
portion of the calendar year 1963 preceding the first day of the calen-
dar month next following the month of enactment of this Act will 
have been less than $500. 
SEC. 302. (a) Section 4(a-2)(i) of the Railroad Unemployment 
53 Stat. 846; 
Insuraucc Act is amended to read as follows: 
^°4rusJ35*4. 
"(i)(-^) subject to the provisions of subdivision (B) hereof, 
any of the days in the period beginning with the day with respect, 
to which the Board finds that he left work voluntarily, and con-
tinuing until he has been paid compensation of not less than $750 
with respect to time after the beginning of such period; 
"(B) if the Board finds that he left work voluntarily w^ith 
good cause, the provisions of subdivision (A) shall not apply, 
with respect to him, to any day in a registration period if such 
period does not include any day which is in a period for which 
he could receive benefits under an unemployment compensation 
law other than this Act, and he so certifies. 
Such certification 
shall, in the absence of evidence to the contrary, be accepted sub-
52 Stat. 1103. 
ject to the penalty provisions of section 9(a) of this x^ct;". 
45 use 359. 
^-^^ fpj^^ amendment made by subsection (a) shall be effective only 
with respect to an employee who leaves work voluntarily after the 
Effective date, 
date of euactment of this Act. 
SEC. 303. (a) Effective with respect to compensation paid aftea-
December 31,1963, section 8(a)of the Railroad Unemployment Insur-
52 Stat. 1102. 
ance Act is amended by striking out " 3 % " in the table and inserting 
45 use 358. 
in lieu thereof "4". 
(b) Effective with respect to contributions collected by the Railroad 
Retirement Board pursuant to section 8(f) of the Railroad Unem-
ployment Insurance Act on compensation paid after December 31, 
1963, that part of such contributions equal to one-fourth of 1 per 
centum of the compensation on which such contributions are based 
52 Stat. 1104. 
shall, notwithstanding the provisions of section 10(b) of such Act, 
45 use 360. 
\yQ applied by the Board exclusively for transfers from the railroad 
unemployment insurance account to the general fund of the Treasury 
until the full amount advanced from the general fund of the Treasury 
to the railroad unemployment insurance account pursuant to section 4 
of the Temporary Extended Railroad Unemployment Insurance Bene-
75 Stat. 17. 
fits 
Act of 1961 has been repaid. 
(c) The last sentence of section 4 of the Temporary Extended 
Railroad Unemployment Insurance Benefits Act of 1961 is hereby 
45 use 403. 
77 STAT. ] 
PUBLIC LAW 88-135-OCT. 8, 1963 
223 
repealed, elt'ective with respect to contributions collected on compen-
sation paid after December 81, 19H3. 
SEC. 804. Effective witli respect .to contributions collected by the 
Railroad Retirement Board after December 81, 1961, section 8(f) of 
the Railroad Unemployment Insurance Act is amended by strikin*? 
out "0.2 ])er centum'' and insertinjr in lieu thereof "0.25 per centum". 
SEC. 805. Effective after June 80, 1964, section 10(d) of the Rail-
road Unemployment Insurance Act is amended by striking out "the 
rate of 8 per centum ])er annum" and inserting in lieu thereof "a 
rate for each fiscal year equal to the average rate of interest borne by 
all special obligations held by the Railroad Retirement Account on 
the last day of the pi'eceding fiscal year, rounded to the nearest 
multiple of one-eighth of 1 per centum". 
Approved October 5, 1968. 
62 Stat. 57i8. 
45 u s e 358. 
73 Stat. 32. 
45 u s e 360. 
Public Law 88-134 
AN ACT 
To amend section 411(a) of title 38, United States Code, to increase the rates 
of dependency and indemnity compensation payable to widows of veterans 
dying from service-connected disabilities. 
Octobers, 1963 
[H. R. 5250] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress asseinbled^ That section 411(a) 
of title 38, United States Code, is amended by striking out "$112" and 
inserting in lieu thereof "$120". 
SEC. 2. The amendment made by this Act shall take effect on the 
effective date of the Uniformed Services Pay Act of 1963, or on 
January 1, 1964, whichever first occui-s. 
Approved October 5, 1963. 
72 Stat. 1127. 
Effective date. 
Ante, p. 210. 
Public Law 88-135 
AN A C T 
Octobers, 1963 
To iiiiKMirl the Act rnoviding for fhe Mdniissioii of the Stsite of Ahiska into the 
[H. R. 6118] 
Union with respect to the selection ,of public lands for the development and 
e\j>ansion of coinmnnities. 
Be it enacted, by the Senate aiid, IImine of Rep'resentatives of the 
I'nited Statex of America in Congress asnembled^ That the second 
Alaska, 
sentence of subsection (g) of section 6 of the Act entitled "An Act to 
Lands, develop-
provide for the admission of the State of Alaska into the Union", 
approved July 7, 1958 (72 Stat. 889), is amended by striking out the 
48 use prec 
period at the end thereof and adding "or, in the case of selections ^^ "°*** 
nnder subsection (a) of this section, one hundred and sixty acres.". 
Approved October 8, 1963.