The Railroad Retirement Board (RRB) release a statement on 2016 Railroad Retirement annuities. Railroad retirement annuities, like social security benefits, will not increase in January 2016 as there was no increase in the Consumer Price Index (CPI) from the third quarter of last year to the corresponding period of the current year. Also, because there
Read moreRailroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). RRB has released a questions and answers to provide information on this subject, as well as how distributions from a 401(k) plan affect supplemental annuities, and whether railroad
Read moreNational Railroad Retirement Investment Trust (NRRIT) has released its quarterly update for the period ending June 30, 2015. Click here to view the update.
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The Railroad Retirement Board (RRB) is required by law to submit annual financial reports and triennial actuarial valuations to Congress on the financial condition of the railroad retirement system, as well as annual financial reports on the railroad unemployment insurance system. These reports must also include recommendations for any financing changes which may be advisable
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
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