Category: Alumni Association
RRB releases Medicare Part B premiums for 2019
The Centers for Medicare & Medicaid Services has announced that the standard monthly Part B premium will be $135.50 in 2019, a slight increase from $134.00 in 2018. However, some Medicare beneficiaries will pay slightly less than this amount. By law, Part B premiums for c [...]Railroad Retirement benefits get COLA increase for 2019
Most railroad retirement annuities, like social security benefits, will increase in January 2019 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2017 to the corresponding period of the current year. Cost-of-living increases are calculated in both the [...]
Social Security benefits to get 2.8 percent COLA increase for 2019
Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, announced the Social Security Administration (SSA). The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to more [...]
How Medicare responds to hurricane-related disasters
When a natural disaster, extreme weather or other emergency occurs that affects providers and the Medicare beneficiaries that they serve, special emergency-related policies and procedures may be implemented. The process begins when a governor of an affected state requests ass [...]New sequestration rate cuts into railroad unemployment and sickness benefits
Starting October 1, 2018, the U.S. Railroad Retirement Board (RRB) will reduce railroad unemployment and sickness insurance benefits by 6.2 percent, down from the current 6.6 percent reduction, as required by law. The adjusted reduction amount is based on revised projections [...]Rail carrier groups recommend nominee for RRB
The Association of American Railroads (AAR) and the American Short Line and Regional Railroad Association (ASLRRA), recommended Thomas Jayne, a senior general attorney with BNSF Railway, to President Donald Trump for nomination to serve as the industry representative on the R [...]The importance of a current connection for Railroad Retirement benefits
Under the Railroad Retirement Act, a “current connection with the railroad industry” is one of the eligibility requirements for occupational disability annuities and is one of the factors that determines whether the Railroad Retirement Board (RRB) or the Social Security Admin [...]Chicago attorney nominated as RRB chair
President Donald Trump nominated Erhard Chorle, a Chicago attorney, to serve a five-year term as chairman of the Railroad Retirement Board (RRB) on July 27. Chorle’s confirmation would fill a vacancy that was created in August 2015 by the retirement of Michael Schwartz [...]