April 17, 2014

Should the Ryan budget worry seniors?

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A central element of the Congressional Budget process, established in 1974, is that policy proposals affecting the balance between spending and revenues must be scored by a philosophically neutral organization, one created for the purpose of making sure Congress clearly understands the budgetary effect of the legislation brought before it. That duty was given to [...]

RRB discusses Medicare for railroad families

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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, [...]

Oakland Old Rails Club planning April 27 dinner

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The Oakland Old Rails Club is planning its annual Old Rails Dinner and Get Together Sunday, April 27, at Dino’s Restaurant in Castro Valley, Calif. There will be a “no host” happy hour at noon, with dinner to follow at 1 p.m., Oakland Old Rails News Editor Richard Scholl reports. The cost for dinner is [...]

RRB explains benefits under Railroad Retirement, SSA

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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 following questions and answers show the differences in railroad retirement [...]

Are you eligible for death, dismemberment insurance?

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Active and retired railroad employees covered under The Railroad Employees’ National Health and Welfare Plan or The NRC/UTU Health and Welfare Plan may be eligible for Life and Accidental Death and Dismemberment benefits from MetLife. For eligible active employees, the death benefit is in most cases $20,000, and there may be an additional AD&D benefit [...]

Federal income tax and Railroad Retirement benefits

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The following questions and answers describe the tax statements issued by the Railroad Retirement Board (RRB) each January for federal income tax purposes. Railroad retirement beneficiaries needing information about these statements, or about tax withholding from their benefits, should contact an office of the RRB. For further federal income tax information, railroad retirement beneficiaries should [...]

RRB announces pre-retirement seminars

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Railroad employees and their spouses closing in on retirement will be able to learn the latest benefit information and application requirements as part of a new program announced by Labor Member of the U.S. Railroad Retirement Board Walter A. Barrows. Designed for railroad employees and spouses planning to retire within five years, the new Pre-Retirement [...]

When Railroad Medicare pays first or second

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When Medicare began in the 1960s, it was the primary payer for all services except those covered by workers compensation. In 1980, Congress enacted provisions to shift costs from the Medicare program to private insurers, when possible. This legislation stopped Medicare from making payment if the payment had already been made, or would be expected [...]

Retired general chairperson L.L. Nelson dies

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Lewis Lavon Nelson, 74, retired general chairperson of former Union Pacific General Committee of Adjustment GO 957 (Northwest District), died Jan. 10 from complications related to lung cancer. A member of SMART Transportation Division Local 1574 at Portland, Ore., Nelson retired Sept. 1, 2001, following 35 years of continuous membership and railroad service. He assumed [...]

After 90 years, no more Corgiats aboard

On the first day of November, Bruce Corgiat tried to log on to the Union Pacific Railroad’s employee web page just as he’d done most other mornings. “They’d already blocked me,” he said. Wow, that was quick. On Halloween, Bruce officially retired from the railroad, as did his father and three brothers before him. But [...]