Based on the best information currently available and guidance issued by public health officials, the Office of the Labor Member of the Railroad Retirement Board (RRB) has canceled all Pre-Retirement Seminars scheduled from March through June until further notice. This difficult decision was made out of an abundance of caution to protect the health, safety,
On March 13, the President declared the COVID-19 virus outbreak a national emergency. While U.S. Railroad Retirement Board (RRB) employees continue to work both on-site and remotely, out of an abundance of caution, the RRB decided to close its 53 field offices to the public effective Monday, March 16, until further notice. Older individuals with
Members can request the following documents and get the following information online by visiting myRRB or by using the automated menus on the toll-free number (877-772-5772): • Letters verifying income and monthly benefits • Service and compensation statement • Replacement Medicare card • Duplicate tax statement (1099, 1099R) • General benefit information • RRB field
In a release from the Railroad Retirement Board (RRB): Railroad retirement annuitants subject to earnings restrictions can earn more in 2020 without having their benefits reduced as a result of increases in earnings limits indexed to average national wage increases. Like social security benefits, some railroad retirement benefit payments are subject to deductions if an
A joint letter was written to Congress from the Rail Labor Division (RLD) of the Transportation Trades Department, AFL-CIO (TTD) of which TCU is a member and the Association of American Railroads (AAR), requesting full funding of the Railroad Retirement Board (RRB). The letter reads: On behalf of the Association of American Railroads (AAR) and
Each year, the U.S. Railroad Retirement Board (RRB) prepares a Certificate of Service Months and Compensation (Form BA-6) for every railroad employee with creditable railroad compensation in the previous calendar year. The RRB will mail the forms to employees during the first half of June. While every effort has been made to maintain current addresses
The Federal Medicare program provides hospital and medical insurance protection for railroad retirement annuitants and their families, just as it does for social security beneficiaries. Medicare has the following parts: Medicare Part A (hospital insurance) helps pay for inpatient care in hospitals and skilled nursing facilities (following a hospital stay), some home health care services,
The National Railroad Retirement Investment Trust (the “Trust”) issues a Quarterly Update to provide current information on the Trust’s operations and activities relating to its investment operations. This update reports on the Trust’s activities for the quarter ending March 31, 2019. Copies of the Trust’s Annual Management Report and each Quarterly Update are available on
Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for career employees who have 30 or more years of service. The Railroad Retirement Board (RRB) has released a questions and answers
Every three years, the Railroad Retirement Board’s (RRB) Chief Actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit payments. Click here to read the questions and answers release that summarizes the results of the most recent longevity study.
