Category: Carl’s Corner
UPDATED: Former President G. Thomas DuBose passes away
G. Thomas DuBose, who served one term as president of the SMART Transportation Division’s immediate predecessor union, passed away on Aug. 20, 2020, after a short illness. DuBose, United Transportation Union (UTU) president from 1991 to 1995, had experienced health complicati [...]
Former UTU President DuBose recovering from surgery
G. Thomas DuBose, International President of the United Transportation Union (UTU) from 1991 to 1995, is recovering in a medical facility after a recent surgery. To send well wishes to him, address cards to G. Thomas DuBose, 5243 Riverside Dr., Apt. 2211, Macon GA 31210-0890. [...]
RRB announces schedule for Fall pre-retirement seminars
Thinking of retiring soon? Designed for railroad employees and spouses planning to retire within five years, the pre-retirement seminars offered by the Railroad Retirement Board are designed to familiarize attendees with the retirement benefits available to them, and also gui [...]
RR Medicare: the transition to new numbers ends December 31
Last July, the Railroad Retirement Board (RRB) mailed approximately 450,000 new Railroad Medicare cards with new Medicare Numbers. The new Medicare Numbers, which are unique to each person with Railroad Medicare and do not contain Social Security Number (SSNs), replace the fo [...]Reporting events that can affect Railroad Retirement benefits
Rights to benefits under the Railroad Retirement Act also carry responsibilities for reporting events that may affect the payment of these benefits to the employee or to members of the employee’s family. If these events are not reported, benefit overpayments can occur that ha [...]
Social Security combined trust funds gain one year says SSA board of trustees
Disability Fund Shows Strong Improvement—Twenty Years The Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security trust funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insur [...]RRB announces spring schedule of pre-retirement seminars
If you are thinking of retiring within the next five years, you may want to consider attending a pre-retirement seminar hosted by the Railroad Retirement Board (RRB). Designed for railroad employees and spouses planning to retire, the pre-retirement seminars the RRB offers fa [...]Retirees: Stock tax refunds could cause reduction in your monthly annuity
In a recent decision (Wisconsin Central Ltd., et al v. United States), the U.S. Supreme Court ruled that non-qualified stock options granted to railroad employees are not considered compensation under the Railroad Retirement Tax Act of 1937, and are, therefore, not subject to [...]