NRRIT Releases Quarterly Update for July 2015
National Railroad Retirement Investment Trust (NRRIT) has released its quarterly update for the period ending June 30, 2015. Click here to view the update.
Author Archives: giffordk@TCUnion.org
Chicago District Council Holds Annual Golf Outing
The Chicago District Council hosted its first annual Golf Outing on a very hot and humid day on July 18, 2015 at Silver Lakes Country Club, Orland Park, a south suburb of Chicago. The Golf outing was organized as a social event; a way of simply coming together for a round of golf, with prizes
Online Railroad Health and Welfare Tools Available to TCU Members
All TCU/IAM members should be aware of the online health and welfare tools and resources available to them at the Your Track to Health website. The website was specifically developed as a joint venture between Rail Labor and Rail Management, with support from the various Plan insurance vendors, to familiarize members covered under the Railroad
2015 RRB Financial Reports
The Railroad Retirement Board (RRB) is required by law to submit annual financial reports and triennial actuarial valuations to Congress on the financial condition of the railroad retirement system, as well as annual financial reports on the railroad unemployment insurance system. These reports must also include recommendations for any financing changes which may be advisable
PRESIDENTIAL EMERGENCY BOARD 248 CONCLUDES ORAL HEARINGS
PEB 248 is now working on its Report after hearing testimony on the New Jersey Transit contract dispute from union and company witnesses at a four day hearing held July 27 through July 30 in Newark, New Jersey. The three member panel of arbitrators – Chairman Elizabeth Wesman, Barbara Deinhardt, and Ann Kenis – will
TCU Weighs In On Positive Train Control (PTC)
On Monday, July 27th, TCU National Vice President and Legislative Director Ron Kloos joined John Risch of the SMART Transportation Division in asking the U.S. Senate to support a revised deadline for rail carriers to implement Positive Train Control (PTC). The letter asks Senators not to allow a PTC extension to derail a potential long-term
Congress Punts on Surface Transportation Bill
As Congress heads home for the month of August they are again “kicking the can” – this time on the Surface Transportation (“Highway”) bill. While the Senate passed its version of the bill, the House of Representatives has refused to bring up the legislation before going on vacation. Now, instead of passing a 6-year authorization
TCU Carmen Division Reaches Agreement for Soo Line Railroad Employees
Canadian Pacific and the TCU Brotherhood Railway Carmen Division (BRC) announced a tentative agreement has been reached covering the BRC represented employees on the Soo Line Railroad Company. The tentative agreement provides annual wage increases and enhanced job security, as well as increased flexibility for the company to meet its car repair demands. The new
TCU Carmen Division Opposes UP Petition to Increase Extended Haul Limits
The Union Pacific Railroad Company (UP) recently petitioned the Federal Railroad Administration (FRA) for a waiver of compliance from Federal railroad safety regulations regarding the movement of extended haul trains. In its petition, UP specifically requests that FRA allow the carrier to move several extended haul trains an additional 21 to 180 miles beyond the
TTD to Congress – VOTE AGAINST PARTISAN COMMERCE BILL
In a letter to Congress, the President of the Transportation Trades Department (TTD), of which TCU is a member stated: “On behalf of the TTD , I write to express our opposition to S. 1732, the Comprehensive Transportation and Consumer Protection Act of 2015 and urge you to vote against it during markup.” “This is