November 8, 2023 | News, Railroad Retirement
Most railroad retirement annuities, like social security benefits, will increase in January 2024. Cost-of-living increases are calculated in both the tier I and tier II portions of a railroad retirement annuity. The tier I portion, like social security benefits, will...
October 25, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 18, 2023) CHICAGO — Most railroad retirement annuities, like social security benefits, will increase in January 2024 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2022 to the...
October 25, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 18, 2023) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2024 without having their benefits reduced due to increased limits indexed to average national wage...
October 13, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 2, 2023) The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not reported to the...
August 8, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, August 1, 2023) 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 31, 2023 | Headlines, Railroad Retirement, TTD
(Source: Joint letter from the Transportation Trades Department, AFL-CIO, and rail management, July 31, 2023) As passed by the House Labor-HHS Subcommittee on July 14, 2023, the House FY 24 bill would cap RRB’s administrative funding at $103 million, a $25 million...
July 21, 2023 | Headlines, Railroad Retirement
(Source: Statement from Railroad Retirement Board Labor Member John Bragg, July 19, 2023) CHICAGO — The Office of the Labor Member is pleased to announce that our 2023 Pre-Retirement Seminar presentation is now available to view online. This program is a modification...
July 17, 2023 | Headlines, Legislation, Railroad Retirement
(Source: Railway Age, July 13, 2023) Two rail industry associations and two unions teamed recently to encourage Congressional support of the Railroad Employee Equity and Fairness Act (REEF Act; H.R.2785/S.1274), which they said would “eliminate cuts to railroad...
July 17, 2023 | News, Railroad Retirement
The U.S. Railroad Retirement Board (RRB) has announced its schedule of Pre-Retirement Seminars for Fall 2023. Designed for union officers and railroad employees and spouses planning to retire within five years, Pre-Retirement Seminars will familiarize attendees with...
July 5, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, July 3, 2023) CHICAGO — Railroad employees considering retirement should familiarize themselves with the Railroad Retirement Board’s (RRB) annuity application process. Being prepared can prevent needless delays and...
