Fringe Benefits
1993 

The following breakdown represents the estimated value of so-called fringe benefits accruing to operating employees with annual wages of $57,600* or more during the calendar year of 1993. The money values set forth are computed on costs actually known as of January 1993.

  PAID BY THE CARRIER

PER YEAR

# DURING MONTH
  Railroad Retirement 

$12,435.60

$ 1,036.30

  Supplemental Pension

647.28

53.94

1/ Unemployment 

539.52

44.96

4/ Health Plan (GA-23000)

4,620.12

385.01

  Health Plan - Retiree 

258.00

21.50

  Dental Plan

332.28

27.69

2/ Vacations

3,008.00

250.67

2/ Holidays

1,569.52

130.79

3/ Other

662.55

55.21

   

$ 24,072.87

$2,006.07

RAILROAD RETIREMENT TAX
PAID BY EMPLOYEE 

$ 7,630.80

$ 635.90

   
* $57,600 represents the minimum annual wage subject to a maximum railroad retirement Tier 1 and Tier 2 tax.
Medicare annual taxable maximum is $135,000.00 taxed at a rate of 1.45%.
# Per year total divided on a pro-rata basis per calendar month and rounded to the nearest 1 cent equivalent.
1/ This tax requirement will vary from year to year based upon the individual railroad's experience rating. The amount shown here is based on the Tax Rate of 5.55%.  The maximum rate is 12%.
2/ Taxable to employee as income.
3/ Includes jury duty pay, bereavement pay, $150,000 AD&D and liability insurance along with other miscellaneous items attributable to fringe benefits.
NOTE: Current information on Vacations, Holidays and Other no longer available. Information from 1987.