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. |