Local treasurers should note that employees will continue to receive the benefit of reduced payroll taxes and access to extended unemployment benefits under legislation signed by President Barack Obama on Feb. 22. That law, the Middle Class Tax Relief and Job Creation Act of 2012, maintains a reduction in the social security payroll tax on [...]
Treasurers’ workshop scheduled for May
February 22, 2012
The UTU International will conduct a workshop for local treasurers May 15-17 in Cleveland, Ohio. The Cleveland workshop will be held at the UTU International offices in North, Olmsted, Ohio. Attendance is limited to 24 registrants at the Cleveland workshop. Newly elected local treasurers are encouraged to attend. Those interested in attending should contact Nancy Miller, [...]
Notice to UTU local treasurers
January 17, 2012
UTU local treasurers must file Internal Revenue Service forms W-2 and W-3 forms for all employees receiving wages in 2011. The W-2 form reports wages paid to employees, and the Social Security or Railroad Retirement taxes and Medicare taxes withheld, and must be filed with the Social Security Administration by Feb. 29, and provided to [...]
Register for treasurers’ workshop, Oct. 18-20
August 22, 2011
The UTU International will conduct a workshop for treasurers Oct. 18-20 at the UTU headquarters in North Olmsted, Ohio. Attendance is limited to 24 registrants and the deadline to register is Oct. 7. If you are interested in attending the workshop, telephone Executive Assistant Nancy Miller at (216) 228-9400, or email her at n_miller @utu.org. [...]
RRB 2010 earnings forms to be mailed in June
May 23, 2011
The Railroad Retirement Board will mail to railroad workers in June their annual Certificate of Service Months and Compensation (Form BA-6), showing creditable railroad service and compensation for 2010. If you do not receive this Form BA-6 by July 1, or if you find the information to be incorrect or incomplete, contact your nearest Railroad [...]
Disciplined finance management has paid off
May 17, 2011
By General Secretary & Treasurer Kim Thompson Just as you balance your personal checkbook and compare income to expenses in making decisions where to spend and where to save, we at UTU International make similar decisions with your dues. Accepting responsibility to protect the interests of our members also includes accepting responsibility to use the [...]
Don’t let them fool you about Railroad Retirement
April 6, 2011
An opinion article recently published by the Financial Times and Fox News, written by conservative financial columnist Liz Peek, takes a nasty and incorrect swipe at Railroad Retirement, saying Railroad Retirement should be eliminated and folded into Social Security. The argument begins with a major falsehood — that Railroad Retirement is costing the American taxpayer. [...]
RRB adjusts withholding for 140,000 annuitants
February 10, 2011
The Railroad Retirement Board reports it has adjusted benefits — effective with February benefits checks — for more than 140,000 beneficiaries to reflect new federal income tax withholding rates. The new rates comply with provisions of the congressionally passed Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. The new rates apply to [...]
