November 29, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, November 22, 2022) CHICAGO — Many railroad employees have served in the Armed Forces of the United States. Under certain conditions, their military service may be creditable as railroad service under the Railroad...
November 3, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, November 1, 2022) CHICAGO — Employee annuities paid under the Railroad Retirement Act are subject to dual benefit reductions when social security benefits are also payable. Railroad retirement annuities may also be...
October 20, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 17, 2022) CHICAGO — Most railroad retirement annuities, like social security benefits, will increase in January 2023 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2021 to the...
October 20, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 17, 2022) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2023 without having their benefits reduced due to increased limits indexed to average national wage...
October 20, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, September 23, 2022) CHICAGO — The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium will be $164.90 in 2023, a decrease of $5.20 from $170.10 in 2022. This...
September 30, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, September 29, 2022) CHICAGO, September 29 — The Railroad Retirement Act provides disability annuities for railroaders who become totally or occupationally disabled. Medicare coverage before age 65 is also available for...
August 29, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, August 23, 2022) CHICAGO — Benefits under the Railroad Retirement Act (RRA) are generally higher than those under the Social Security Act, especially for railroad employees who have 30 or more years of creditable...
August 2, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, July 29, 2022) CHICAGO — As required by law, the Railroad Retirement Board (RRB) submits annual financial reports to Congress on the financial condition of the railroad retirement and railroad unemployment insurance...
July 12, 2022 | COVID, Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, June 30, 2022) CHICAGO — The Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act (RUIA), which provides two kinds of benefits for qualified railroaders: unemployment benefits for those...
July 1, 2022 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, June 20, 2022) CHICAGO — The Federal Medicare program provides hospital and medical insurance protection for railroad workers and their families, just as it does for workers under social security. Medicare has the...
