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Retiree earnings limits to rise in 2009

(The U.S. Railroad Retirement Board issued the following on October 23.) CHICAGO — Those railroad retirement annuitants subject to earnings restrictions can earn more in 2009 without having their benefits reduced, as a result of increases in earnings limits indexed to...

Final Railroad Retirement Board Informational Conference of 2008

CHICAGO — The following informational conference is the final one conducted by the U.S. Railroad Retirement Board in 2008. Registration for the informational conference begins at 8:00 a.m. It begins promptly at 8:30 a.m. and ends at 12:30 p.m. DECEMBER Friday,...

The importance of a current connection for Railroad Retirement benefits

(The U.S. Railroad Retirement Board issued the following on November 3.) CHICAGO — Under the Railroad Retirement Act, a “current connection with the railroad industry” is one of the eligibility requirements for occupational disability annuities and supplemental...

RRB: Medicare Part B Premiums for 2009

(The U.S. Railroad Retirement Board issued the following on November 20.) CHICAGO — The standard Medicare Part B monthly premium will be $96.40 in 2009, the same as the Part B premium for 2008. Until 2007, all beneficiaries paid the same basic premium amount for...

UP declares quarterly dividend of 27 cents a share

(Union Pacific Corporation issued the following on November 20.) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of 27 cents per share on its common stock, payable January 2, 2009 to stockholders of...

Man sues CSX over N. Baltimore train wreck

(The following appeared at 13abc.com on November 20.) TOLEDO, Ohio —Almost two years after being hurt in a train crash, a North Baltimore man is now suing CSX Transportation. In November 2006, two trains jumped the CSX tracks in North Baltimore and crushed cars...

Amtrak may be on track for Genoa, Ill.

(The following story by Dave Gathman appeared on the Courier News website on November 21.) GENOA, Ill. — As soon as two or three years from now, Genoa could have Amtrak rail service. That was the word from City Administrator Joe Misurelli as he delivered an upbeat...

STB sets purchase price of Coos Bay rail line

(The Surface Transportation Board issued the following on November 20.) WASHINGTON, D.C. — The Surface Transportation Board announced today that it has established $16,605,987 as the purchase price of the Central Oregon & Pacific Railroad Inc.’s (CORP) 111-mile...

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