August 1, 2014

Applying for a Railroad Retirement annuity

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Railroad employees who are planning to retire should be aware of what steps to take and what documents are required when applying for an annuity from the Railroad Retirement Board (RRB). Being prepared can prevent needless delays and ensure that payments from the RRB begin as soon as possible after retirement. The following questions and [...]

RRB payments adjusted for spouse, widow annuitants

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Railroad Retirement Act spouse and widow(er)s’ annuities (including divorced spouse, surviving divorced spouse and remarried widow(er)s’ annuities) are subject to reduction when Social Security benefits or dual Railroad Retirement annuities are also payable. Such Railroad Retirement benefits may also be reduced when a spouse or widow(er) is entitled to a public service pension unless certain [...]

Man admits to illegally collecting railroad retirement

BANGOR, Maine – Gerald E. Bailey, 68, of Pittston, Maine pled guilty on Tuesday, April 23 to charges of collecting pension that he was not entitled to. Bailey retired from Springfield Terminal Railway in 2004 and began receiving his pension payments from the Railroad Retirement Board (RRB). According to an affidavit filed by assistant U.S. [...]

Disability annuities for railroad employees

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The Railroad Retirement Act provides disability annuities for railroaders who become totally or occupationally disabled. Medicare coverage before age 65 is also available for totally disabled employees and those suffering from ALS (amyotrophic lateral sclerosis) or chronic kidney disease. The following questions and answers describe these disability benefits, their requirements, and how to apply for [...]

RRB schedules informational conferences

The Railroad Retirement Board (RRB) holds informational conferences, and all UTU representatives are urged to attend to learn more about pensions, disability annuities and other services offered by the RRB.  All informational conference registrations begin at 8:00 a.m., with the programs beginning promptly at 8:30 a.m. and ending at 12:15 p.m.  For more information, go [...]

New year for rail unemployment, sickness claims

A new year under the Railroad Unemployment Insurance Act for unemployment and sickness benefits begins July 1. The maximum daily benefit rate payable remains at $66 in the new benefit year. Benefits are normally paid for the number of days of unemployment or sickness over four in 14-day registration periods. Thus, the maximum benefits for [...]

RRB to withhold Medicare Parts C&D premiums

The Railroad Retirement Board will begin June 1 to withhold from benefits checks premiums for Medicare Part C (Medicare Advantage plans) and Medicare Part D (prescription drug plans). Withholding is voluntary, and beneficiaries should contact their plans to request withholding by the Railroad Retirement Board of these premiums from their monthly benefits payments. Part C [...]

RRB 2010 earnings forms to be mailed in June

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 [...]

New STB member; RRB, NMB hopefuls waiting

WASHINGTON — A former John McCain aide, Ann Begeman, has been confirmed by the Senate as the one Republican on the three-member U.S. Surface Transportation Board. Two other presidential nominees — Walt Barrows to become the labor member on the Railroad Retirement Board, succeeding Butch Speakman; and Republican Thomas Beck to the National Mediation Board, [...]

Don’t let them fool you about Railroad Retirement

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. [...]