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Rights to benefits under the Railroad Retirement Act also carry responsibilities for reporting events that may affect the payment of these benefits to the employee or to members of the employee’s family. If these events are not reported, benefit over-payments can occur that have to be repaid, sometimes with interest and penalties. Events that can
Read moreBeginning October 1, 2016, the U.S. Railroad Retirement Board (RRB) will reduce railroad unemployment and sickness insurance benefits by 6.9 percent, up from the current 6.8 percent reduction, as required by law. The adjusted reduction amount is based on revised projections of benefit claims and payments under the Railroad Unemployment Insurance Act. It will remain
Read moreIn November of 2014, voters approved the Massachusetts Earned Sick Time Law (“ESTL”) which requires private employers with 11 or more employees to provide paid sick leave to employees who work in Massachusetts. In June of 2015, TCU/IAM National President Scardelletti sent letters to all carriers impacted by the law inquiring how the carriers would
Read moreWilmington, DE – Vice President Biden joined with Sens. Tom Carper (D-DE), Chris Coons (D-DE) and Amtrak officials in announcing a new $2.45 billion loan to purchase up to 28 brand new state-of-the-art locomotives, upgrade track and improve stations throughout the Northeast Corridor. In addition, the new trainsets will be built at the Alstom manufacturing
Read moreThe U.S. Department of Energy (DOE) is investing $28 million toward research and development projects to advance cleaner power generation from fossil fuels. The agency announced in a Aug. 24 news release that it had chosen 14 projects that will advance energy systems to enable cost-competitive power generation with nearly no emissions. The $28 million
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