Job Insurance for TCU Members
With LECMPA job insurance, TCU members protect themselves from wage loss due to discipline.
Rail Chiefs Send Letter to Congress in Support of H.R. 3489 – Removing the ACA Funding by Taxing Railroad Health Care Plans
In a recent letter to all members of the U.S. House of Representatives from rail labor, supporting H.R. 3489, a bipartisan legislation, introduced by Representatives Pat Tiberi (R-OH) and Daniel Lipinski (D-IL) which would repeal the current funding mechanism for the Transitional Reinsurance Program authorized by the Patient Protection and Affordable Care Act (ACA). Under
Reporting Events That Can Affect Railroad Retirement Benefits
Rights to benefits under the Railroad Retirement Act also carry responsibilities for reporting events that may affect the payment of these benefits to the employee or to members of the employee’s family. If these events are not reported, benefit overpayments can occur that have to be repaid, sometimes with interest and penalties. Events that can
Obama Creates Presidential Emergency Board 244 on Long Island Rail Road
President Barack Obama created Presidential Emergency Board 244 on Nov. 21 in an effort to resolve an impasse over contract negotiations between the Long Island Rail Road Co. (LIRR) and a coalition of unions. The coalition consists of TCU, SMART (UTU and SMWIA) and the National Conference of Firemen and Oilers/SEIU. The PEB put in
TCU Joins Business & Labor to End ObamaCare Reinsurance Tax
TCU joined with other Unions and Business in support of a bill introduced by Reps. Pat Tiberi (R-Ohio) and Dan Lipinski (D-Ill.) that would end the Affordable Care Act’s (ACA) reinsurance fee beginning in 2014. TCU has repeatedly worked to end the reinsurance tax that the ACA has placed on all health care plans. This
METRA Clerical Members Overwhelmingly Ratify Contract by a 82% Margin
The contract provides excellent compensation gains for TCU members, more than 20% in wage increases plus a $3,000 signing bonus over its six-year term. The agreement rivals the historic national freight agreement in compensation produced, but employee contributions to health insurance are only introduced gradually on a staggered basis, not reaching national levels until the
Special 2014 Benefit Enrollment Extension for the Health Flexible Spending Account (FSA) only – Now through December 1, 2013
Members covered under the Railroad Employees National Health and Welfare Plan, the Plan, still have an opportunity to enroll in the Flexible Spending Account (FSA) for 2014. Members who wished to enroll but failed to do so by the open enrollment deadline have until December 1, 2013 to enroll in the FSA for 2014. This
RRB Release – Railroad Retirement Benefits to Increase in 2014
Most railroad retirement annuities, like social security benefits, are scheduled to increase in January 2014 on the basis of the rise in the Consumer Price Index (CPI) from the third quarter of 2012 to the corresponding period of the current year. Cost-of-living increases are calculated in both the tier I and tier II benefits included
RRB Release – Retiree Earnings Limits to Rise in 2014
Railroad retirement annuitants subject to earnings restrictions can earn more in 2014 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 annuitant’s earnings exceed certain exempt amounts. These earnings restrictions
TTD Release – If Congress Funds Amtrak, The People Will Ride It
Members of Congress responsible for our nation’s transportation systems, including our national passenger rail system, are once again considering the reauthorization of Amtrak. The choice is clear: give Amtrak the resources it needs, or choose the routine ritual of starving it and wondering why we don’t have faster trains and more service. As a backdrop,
Medicare Part B Premiums Remain the Same in 2014
The standard Medicare Part B monthly premium will be $104.90 in 2014, the same amount as in 2013. Some beneficiaries will continue to pay higher premiums based on their modified adjusted gross income, but these amounts are also remaining the same as in 2013. The monthly premiums that include income-related adjustments for 2014 will be