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Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for career employees who have 30 or more years of service. The Railroad Retirement Board (RRB) has released a questions and answers
Read moreA new program is available to TCU/IAM union members and their family members through Union Plus. The new Retiree Health Insurance program is administered by eHealth, an insurance exchange that offers various Medicare plan options to union members, retirees and their families covered under Medicare. eHealth can assist with Medicare Supplemental plans, Medicare Advantage Plans,
Read moreOn Tuesday, the Association of American Railroads (AAR) sent a letter to leaders of the Congressional committees with trade jurisdiction. The letter urges them to consider the effect of renegotiating NAFTA on the railroad industry. AAR President Ed Hamberger wrote, “approximately 50,000 rail jobs and more than $5.5 billion in annual wages and benefits…depend directly
Read moreToday, Illinois Democrat Dan Lipinski joined with Nebraska Republican Don Bacon to lead a letter supporting additional funding to the Railroad Retirement Board (RRB). The letter had broad bipartisan support from their colleagues in Congress, including 12 Republicans and 23 Democrats. Click HERE to view read the Lipinski-Bacon letter Once secured, this funding will be
Read moreGov. Phil Murphy’s proposed $37.4 billion state budget adds $242 million more into NJ Transit. Added funding for the agency’s operations would be in addition to $141 million allocated in the fiscal year 2018 budget for a total of $383 million for NJ Transit operations in fiscal year 2019, according to budget documents released Tuesday. Murphy
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