Every three years, the Railroad Retirement Board’s (RRB) Chief Actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit payments. Click here to read the questions and answers release that summarizes the results of the most recent longevity study.
The U.S. Supreme Court has issued its decision in BNSF v. Loos. In a 7-2 decision written by Justice Ginsburg, the Court found that a railroad’s payment to an employee as pay for time lost due to an on-the-job injury is taxable “compensation” under the Railroad Retirement Tax Act (RRTA). Historically, these payments were always
President Donald J. Trump has appointed Erhard R. Chorlé to be the Chairman of the U.S. Railroad Retirement Board, Johnathan D. Bragg to be the Labor Member, and Thomas R. Jayne to be the Carrier Member. Their appointments to the three-member Board were confirmed by the Senate on January 2. They will oversee the activities