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 [...]
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. [...]
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 [...]
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 [...]
Amplifon’s latest news release discusses a recent study conducted by researchers at Massachusetts General Hospital that indicates that chronic noise exposure may increase the risks for cardiovascular conditions. The preliminary findings reveal that people with the highe [...]
The U.S. Railroad Retirement Board’s customer service plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB’s plan lays out the standards and expresses the time frames in terms of when the agency is required to make its decision t [...]
Willis Croonquist, of Local 1177 (Willmar, Minn.), a former United Transportation Union Minnesota state legislative director and alternate national legislative director in the 1980s and ’90s, died Jan. 24. He was 81. Croonquist had been a member of the union since 1955, [...]
Six nominees to transportation-related agencies were confirmed by the U.S. Senate via unanimous consent Jan. 2, including three Railroad Retirement Board members. Johnathan Bragg, Thomas Jayne and Erhard R. Chorle were all confirmed to the RRB. Bragg, the labor member of the [...]
UnitedHealthcare has announced that enrollment is open under Group Policy GA-23111. From November through December 2018, any individual who is eligible for coverage under one of the GA-23111 plans can enroll and will be accepted for coverage without any medical underwriting o [...]
The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit (ERMA or GA-46000) Plan will increase from $162,500 to $166,400 beginning Jan. 1, 2019. At the end of 2001, labor and management had agreed on various procedures to adminis [...]