The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit (ERMA or GA-46000) Plan will increase from $175,700 to $182,700 beginning Jan. 1, 2022.
At the end of 2001, labor and management had agreed on various procedures to administer the annual changes in the amount of the lifetime maximum benefit under the ERMA Plan.
In conjunction with the formula established in 2001, a new lifetime maximum was calculated by utilizing the October 2021 consumer price index (CPI) data for Hospital and Related Services and Physician Services. The result is a lifetime maximum for 2022 of $182,700.
For individuals who have reached the lifetime maximum, the incremental maximum available is applied to eligible expenses submitted for dates of service on or after the effective date of the new maximum. For 2022, this amount will be $7,000.
This change will apply to all railroads and crafts participating in ERMA.
Related News
- Bus VP Studivant retires; James Sandoval is new VP
- SMART-TD announces tentative agreement with BNSF that addresses quality of life issues and predictability for time off
- FRA awards SMART-TD over $600,000 to fill void in rail carriers’ training programs
- Computer outage does not affect TD RTS events
- TD Local 278 shows solidarity with UAW
- North and South Carolina members join for Solidarity Shoot
- What TD members can do to support the UAW strike
- SMART-TD forms new committee to address assaults on bus and transit operators
- Message to rail workers from TD President Ferguson re: UAW strike action
- Effort by coworkers ensures fallen TD Local 1846 member will not be forgotten