November 22, 2014

RR jobless, sickness benefits rising

The maximum daily benefit rate payable for claims under the Railroad Unemployment Insurance Act increases to $66 from $64 in the new benefit year, which begins July 1, reports the Railroad Retirement Board. Benefits are normally paid for the number of days of unemployment or sickness over four in 14-day registration periods, so maximum benefits [...]

Stimulus law helps retirees, unemployed

The economic stimulus package, formally known as the American Recovery and Reinvestment Act, contains provisions that will provide retirees with one-time payments of $250, extend unemployment benefits an additional 13 weeks, and subsidize employee-paid health-care insurance for laid off workers participating in COBRA. Railroad Retirement and Social Security annuitants will be receiving a one-time $250 [...]