President Obama has appointed Steven J. Anthony to be the management member of the U.S. Railroad Retirement Board. His appointment was confirmed by the Senate on April 9, and he was sworn into office on May 8. Mr. Anthony’s term will expire in August 2018. Anthony succeeds Je [...]
Retirees, and those planning retirement, should be aware of the railroad retirement laws governing benefit payments to annuitants who work after retirement. The following questions and answers describe these railroad retirement work restrictions and earnings limitations on po [...]
A central element of the Congressional Budget process, established in 1974, is that policy proposals affecting the balance between spending and revenues must be scored by a philosophically neutral organization, one created for the purpose of making sure Congress clearly under [...]
The federal Medicare program provides hospital and medical insurance protection for railroad retirement annuitants and their families, just as it does for social security beneficiaries. Medicare has the following parts: Medicare Part A (hospital insurance) helps pay for inpat [...]
The Oakland Old Rails Club is planning its annual Old Rails Dinner and Get Together Sunday, April 27, at Dino’s Restaurant in Castro Valley, Calif. There will be a “no host” happy hour at noon, with dinner to follow at 1 p.m., Oakland Old Rails News Editor Richard Scholl repo [...]
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 ye [...]
The following questions and answers describe the tax statements issued by the Railroad Retirement Board (RRB) each January for federal income tax purposes. Railroad retirement beneficiaries needing information about these statements, or about tax withholding from their benefi [...]
Railroad employees and their spouses closing in on retirement will be able to learn the latest benefit information and application requirements as part of a new program announced by Labor Member of the U.S. Railroad Retirement Board Walter A. Barrows. Designed for railroad em [...]
When Medicare began in the 1960s, it was the primary payer for all services except those covered by workers compensation. In 1980, Congress enacted provisions to shift costs from the Medicare program to private insurers, when possible. This legislation stopped Medicare from m [...]
Lewis Lavon Nelson, 74, retired general chairperson of former Union Pacific General Committee of Adjustment GO 957 (Northwest District), died Jan. 10 from complications related to lung cancer. A member of SMART Transportation Division Local 1574 at Portland, Ore., Nelson reti [...]
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