Category: Alumni Association
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 [...]
Former GC Russell “Dale” Hogan Jr. passes away
Russell “Dale” Hogan, a former general chairperson and retiree of Local 933 (Jefferson City, Mo.), died April 20, 2019, after a battle with cancer. He was 76. He joined the United Transportation Union (UTU) after hiring on as a fireman for Missouri Pacific in Janu [...]RRB compares benefits under Railroad Retirement and Social Security
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 [...]
Former Virginia Sen., DLC Willard Moody Sr. dies
Willard James Moody, Sr., a well-regarded attorney and former state legislator who served as a longtime Designated Legal Counsel (DLC) for the United Transportation Union (UTU) and advocated on behalf of railroad workers in the court of law throughout his life, passed away Ma [...]
Your Track to Health lists assistance for flooding victims
The disastrous flooding in the Midwest has affected thousands of people, including SMART Transportation Division members. To help assist those who have had their lives affected by the floods, Your Track to Health has compiled a list of services and information for behavioral [...]Supreme Court: Part of lost wages award is taxable under Railroad Retirement Act
A decision by the U.S. Supreme Court found that the portion of a damages award attributable to lost wages for a workplace injury is considered to be taxable compensation under the Railroad Retirement Tax Act (RRTA). The decision in BNSF Railway Co. v. Loos (No. 17-1042) was r [...]RRB announces schedule of spring pre-retirement seminars
The Railroad Retirement Board (RRB) has announced its schedule of pre-retirement seminars for March – June 2019. The RRB hosts these seminars for rail employees and spouses who are within five years of retirement. The board recently combined their traditional informatio [...]RRB: Longevity of Railroad Retirement beneficiaries
Every three years, the Railroad Retirement Board’s chief actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit payments. The following questions and answers summarize the results of the most recent longevity study. [...]