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The Railroad Retirement Board (RRB) is required by law to submit annual financial reports to Congress on the financial condition of the railroad retirement system and the railroad unemployment insurance system. These reports must also include recommendations for any financing changes which may be advisable in order to ensure the solvency of the systems. In
Read moreThe Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act, which provides two kinds of benefits for qualified railroaders: unemployment benefits for those who become unemployed but are ready, willing, and able to work; and sickness benefits for those who are unable to work because of sickness or injury. Sickness benefits are also payable
Read moreIn their continuing effort to expand the resources available, on June 10 the U.S. Railroad Retirement Board (RRB) launched a redesigned, more easily navigated website. While website visitors will experience more streamlined access to essential information, all relevant content and functionality will remain the same. Members may view the updated website features at www.rrb.gov. The
Read moreMonthly benefits may be payable under the Railroad Retirement Act to the surviving widow(er), children, and certain other dependents of a railroad employee if the employee was “insured” under that Act at the time of death. Lump-sum death benefits may also be payable to qualified survivors in some cases. Click here to view the questions
Read moreRailroad Retirement Board (RRB) Release: 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 RRB has released a questions
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