A release from the Railroad Retirement Board (RRB) describes the disability annuities for railroaders who become totally or occupationally disabled. Medicare coverage before age 65 is also available for totally disabled employees and those suffering from ALS (Amyotrophic Lateral Sclerosis) or chronic kidney disease. Click here to read the questions and answers release that describes
Read moreA recent letter from the Railroad Retirement Board (RRB) to the Treasurer of Michigan, pointed out that the Michigan Income Tax code, that would tax railroad retirement benefits, is prohibited under federal statute. Michigan seeks to deny the deduction for individuals who are paid under the Railroad Retirement Act (RRA) effectively assessing a State tax
Read moreAs a result of recently implemented budget cuts, the U.S. Railroad Retirement Board (RRB) must reduce railroad unemployment and sickness insurance benefits by 9.2 percent. These reductions stem from a sequestration order which President Obama filed on March 1, 2013, in accordance with the requirements of the Budget Control Act of 2011. The sequestration order sets
Read moreAccording to Railroad Retirement Board (RRB) policy, every annuitant has the right to manage his or her own benefits. However, when physical or mental impairments make a railroad retirement annuitant incapable of properly handling benefit payments, or where the RRB determines that the interests of the annuitant so require, the agency can appoint a representative
Read moreThe National Railroad Retirement Investment Trust (NRRIT) has released its quarterly update for the period ending December 31, 2012. Click here to view the update.
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