PRIVATE WELFARE AND PENSION PLAN STUDY, 1971
LABOR AND PUBLIC WELFARE
UNITED STATES SENATE
NINETY-SECOND CONGRESS
EXAMINATION OF PRIVATE WELFARE AND PENSION PLANS (PURSUANT TO S. RES. 35, SECTION 4)
Printed for the use of the Committee on Labor and Public Welfare
U.S. GOVERNMENT PRINTING OFFICE
COMMITTEE ON LABOR AND PUBLIC WELFARE
HARRISON A. WILLIAMS, JR., New Jersey, Chairman
JENNINGS RANDOLPH, West Virginia
CLAIBORNE PELL, Rhode Island
EDWARD M. KENNEDY, Massachusetts
GAYLORD NELSON, Wisconsin
WALTER F. MONDALE, Minnesota
THOMAS F. EAGLETON, Missouri
ALAN CRANSTON, California
HAROLD E. HUGHES, Iowa
JACOB K. JAVITS, New York
PETER H. DOMINICK, Colorado
RICHARD S. SCHWEIKER, Pennsylvania
BOB PACKWOOD, Oregon
ROBERT TAFT, JR., Ohio
J. GLENN BEALL, JR., Maryland
ROBERT T. STAFFORD, Vermont
CHRONOLOGICAL LIST OF WITNESSES
TUESDAY, OCTOBER 12, 1971
Munroe, Douglas, director of personnel, Anaconda Co., accompanied by
T. E. Tatem, assistant secretary and assistant treasurer, pension plan
administrator; W. F. Mayer, assistant administrator, and Robert Arm-
strong, consulting actuary, with George B. Buck, Consulting Actuaries,
Inc., New York City, N.Y___
Kent, G. P., vice president, employee relations, Western Union, accom-
panied by R. C. Hostetler, vice president and general counsel; R.
Wishart, chairman of the board, George Buck & Co.; and V. Tobin,
George Buck & Co____.
Whitaker, Jack F., president, Whitaker Cable Co., accompanied by Bernard
D. Craig, Esq., Levy & Craig, 916 Walnut Street Building, Kansas City,
Mo., and Jack L. Mahurin, vice president, Meidinger & Associates----
Garfinkel, Arthur K., co-counsel, Retirement Fund of Retail Shoe Em-
ployees, accompanied by Joseph Bienenbaum, trustee and chairman;
Jack Maltz, trustee and assistant chairman; Theodore Wiley, co-counsel;
and Jerome M. Simon, administrator__.
Butler, J. Godfrey, senior vice president, D.C. Transit System, Inc., accom-
panied by Manuel J. Davis, special counsel, D.C. Transit System, Inc.
Fisher, Merle R., vice president, compensations and benefits, Bank of
America National Trust & Savings Association, accompanied by Gordon
E. Hillegas, assistant vice president coordinator, employee benefits----
Van Vliet, J. W., director, audits and insurance, the great Atlantic &
Pacific Tea Co., Inc., accompanied by Darrell V. Stiffler, Jr., national
director, personnel and industrial relations, A. & P., and Charles P.
O'Connor, attorney at law, Morgan, Lewis & Bockius, Washington, D.C__
WEDNESDAY, OCTOBER 13, 1971
Spahn, William H., director, New York Hotel Trades Council and Hotel
Association of New York City, Inc., pension fund, accompanied by
Martin Levenson, vice president and associate actuary of Martin E.
Segal Co--
Baker, Hon. Howard H., a U.S. Senator from the State of Tennessee__
Bland, William L., assistant secretary, Genesco, accompanied by J. G.
DeLacey, vice president and secretary, and W. C. O'Connor, head of
Legal Department, Genesco, and Sanford Litvack, Esq., of Donovan,
Leisure, Newton & Irvine, corporate counsel, and Blackburn G. Hazel-
hurst and David Parsons of Hazelhurst Associates___
Zimmerman, Robert G., assistant secretary and assistant treasurer, F. W.
Woolworth Co., accompanied by Christoper J. Hoey, employee relations
counsel; John K. Armstrong, counsel for F. W. Woolworth Co., and
Henry J. L. Fortuin, Jr., senior vice president, and Philip C. Mower,
assistant vice president, Marsh & McLennan, Inc., actuaries_-_-
Boekenheide, Russell W., corporate director of personnel of the Kendall
Co., accompanied by William D. Sullivan, manager, corporate insurance
and pensions department__.
Palmer, George A., Jr., retired vice president of Joseph Horne Co., Pitts-
burgh, Pa., accompanied by H. V. Cochrane, vice president and treasurer;
George A. Palmer III, personnel director; Joseph Swain, Esq., corporate
counsel; and J. E. Dwyer, pension plan consultant, Peat, Marwick &
Mitchell
Fletcher, N. H., assistant treasurer, Uniroyal, Inc., accompanied by Myron
Kalish, general counsel, Uniroyal, Inc., and Henry J. L. Fortuin, Jr.,
senior vice president and actuary, Marsh & McLennan, Inc----
Cameron, James, vice chairman, profit-sharing committee, Winn-Dixie
Stores, Inc., accompanied by Shepard Bryan, general counsel__‒‒‒‒‒
Baker, Hon. Howard H., a U.S. Senator from the State of Tennessee----
Bland, William L., assistant secretary, Genesco, accompanied by J. G.
DeLacey, vice president and secretary, and W. C. O'Connor, head of
Legal Department, Genesco, and Sanford Litvack, Esq., of Donovan,
Leisure, Newton & Irvine, corporate counsel, and Blackburn G. Hazel-
hurst and David Parsons of Hazelhurst Associates__
Boekenheide, Russell W., corporate director of personnel of the Kendall
Co., accompanied by William D. Sullivan, manager, corporate insurance
and pensions department_
Butler, J. Godfrey, senior vice president, D.C. Transit System, Inc., accom-
panied by Manuel J. Davis, special counsel, D.C. Transit Systems, Inc__
Cameron, James, vice chairman, profit-sharing committee, Winn-Dixie
Stores, Inc., accompanied by Shepard Bryan, general counsel.
Fisher, Merle R., vice president, compensations and benefits, Bank of
America National Trust & Savings Association, accompanied by Gordon
E. Hillegas, assistant vice president coordinator, employee benefits----
Fletcher, N. H., assistant treasurer, Uniroyal, Inc., accompanied by Myron
Kalish, general counsel, Uniroyal, Inc., and Henry J. L. Fortuin, Jr.,
senior vice president and actuary, Marsh & McLennan, Inc-----
Garfinkel, Arthur K., co-counsel, Retirement Fund of Retail Shoe Em-
ployees, accompanied by Joseph Bienenbaum, trustee and chairman;
Jack Maltz, trustee and assistant chairman; Theodore Wiley, co-counsel;
and Jerome M. Simon, administrator_.
Javits, Hon. Jacob K., a U.S. Senator from the State of New York___
Kent, G. P., vice president, employee relations, Western Union, accom-
panied by R. C. Hostetler, vice president and general counsel; R.
Wishart, chairman of the board, George Buck & Co.; and V. Tobin,
George Buck & Co_____
Munroe, Douglas, director of personnel, Anaconda Co., accompanied by
T. E. Tatem, assistant secretary and assistant treasurer, pension plan
administrator; W. F. Mayer, assistant administrator, and Robert Arm-
strong, consulting actuary, with George B. Buck, Consulting Actuaries,
Inc., New York City, N.Y___
Palmer, George A., Jr., retired vice president of Joseph Horne Co., Pitts-
burgh, Pa., accompanied by H. V. Cochrane, vice president and treasurer;
George A. Palmer III, presonnel director; Joseph Swain, Esq., corporate
counsel; and J. E. Dwyer, pension plan consultant, Peat, Marwick &
Mitchell
Spahn, William H., director, New York Hotel Trades Council and Hotel
Association of New York City, Inc., pension fund, accompanied by
Martin Levenson, vice president and associate actuary of Martin E.
Segal Co-‒‒‒
Van Vliet, J. W., director, audits and insurance, the Great Atlantic &
Pacific Tea Co., Inc., accompanied by Darrell V. Stiffler, Jr., national
director, personnel and industrial relations, A. & P., and Charles P.
O'Connor, attorney at law, Morgan, Lewis & Bockius, Washington D.C__
Whitaker, Jack F., president, Whitaker Cable Co., accompanied by Bernard
D. Craig, Esq., Levy & Craig, 916 Walnut Street Building, Kansas City,
Mo., and Jack L. Mahurin, vice president, Meidinger & Associates____
Zimmerman, Robert G., assistant secretary and assistant treasurer, F. W.
Woolworth Co., accompanied by Christopher J. Hoey, employee relations
counsel; John K. Armstrong, counsel for F. W. Woolworth Co., and
Henry J. L. Fortuin, Jr., senior vice president, and Philip C. Mower,
assistant vice president, Marsh & McLennan, Inc., actuaries____
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