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In a recent release, Larry I. Willis, president of the Transportation Trades Department, AFL-CIO (TTD) of which TCU is a member, issued the following statement: “On behalf of our member unions, I want to congratulate the newest members of the Railroad Retirement Board confirmed by the Senate last night – Chairman Erhard R. Chorle, Management
Read morePresident Donald J. Trump today announced his intent to nominate the following individuals to key positions in his Administration: Johnathan Bragg of Virginia, to be a Member of the Railroad Retirement Board as Employee Representative, for the remainder of a five-year term expiring August 28, 2019, and an additional five-year term expiring August 28, 2024.
Read moreThe Centers for Medicare & Medicaid Services has announced that the standard monthly Part B premium will be $135.50 in 2019, a slight increase from $134.00 in 2018. However, some Medicare beneficiaries will pay slightly less than this amount. By law, Part B premiums for current enrollees cannot increase by more than the amount of
Read moreRailroad retirement annuitants subject to earnings restrictions can earn more in 2019 without having their benefits reduced as a result of increases in earnings limits indexed to average national wage increases. Like social security benefits, some railroad retirement benefit payments are subject to deductions if an annuitant’s earnings exceed certain exempt amounts. These earnings restrictions
Read moreStarting October 1, 2018, the U.S. Railroad Retirement Board (RRB) will reduce railroad unemployment and sickness insurance benefits by 6.2 percent, down from the current 6.6 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
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