November 1, 2024 | News, Railroad Retirement, Top News
Most railroad retirement annuities, like social security benefits, will increase in January 2025 based on a rise in the Consumer Price Index (CPI) from the third quarter of 2023 to the corresponding period of the current year. Cost-of-living increases are calculated...
October 31, 2024 | News, Railroad Retirement, Top News
Like other federal agencies, the Railroad Retirement Board (RRB) has been operating under a continuing resolution since October 1, 2024, the start of fiscal year (FY) 2025. The temporary funding measure provides the agency with continuing appropriations of $27.9...
September 26, 2024 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, September 4, 2024) As required by law, the Railroad Retirement Board (RRB) submits annual financial reports and triennial actuarial valuations to Congress on the financial condition of the railroad retirement system,...
August 22, 2024 | News, Railroad Retirement, Top News
The Railroad Retirement Board has provided an update as Congress considers RRB’s funding levels for fiscal year 2025. In July, a House subcommittee proposed a catastrophic $26 million budget cut for RRB. In mid-August, the Senate Committee on Appropriations approved a...
August 15, 2024 | News, Railroad Retirement, Top News
The Railroad Retirement Board routinely publishes important news of interest to active and retired BLET members. Here is a summary of highlights published in Summer 2024. • Each year the RRB prepares a Form BA-6, Certificate of Service Months and Compensation, for...
August 4, 2024 | News, Railroad Retirement, Top News
BLET is continuing to urge its members and their families to tell their legislators in the U.S. House of Representatives to fully fund the Railroad Retirement Board. As reported previously, budget cuts that would be catastrophic for the RRB are now under consideration...
July 24, 2024 | News, Railroad Retirement, Top News
BLET members and their families are urged to keep the pressure on Congress to avoid potentially catastrophic budget cuts to the Railroad Retirement Board (RRB). Please use the Take Action area of the BLET website to contact Congress today, especially if you are...
July 16, 2024 | News, Railroad Retirement, Top News
If you think phone wait times are bad now when calling the Railroad Retirement Board (RRB), think again. They could get much worse if proposed budget cuts are allowed to happen. RRB Labor Member John Bragg announced on June 26 that the House Appropriations...
May 24, 2024 | News, Railroad Retirement
Many railroaders know that they can retire at age 60 with 30 years of service because of the Railroad Retirement Act. But did you know that if you do, you may need to increase your tax withholding when you turn 62? That’s one of the many important retirement topics...
April 12, 2024 | News, Railroad Retirement
On March 29, President Joe Biden fired Railroad Retirement Board Inspector General Martin Dickman after a year-long investigation found he had created a hostile work environment. According to The Hill, the whistleblower investigation uncovered evidence that Dickman...