By James StemUTU National Legislative Director Congress is back from its August recess and eyes are focused on the “Super Committee” of House and Senate members charged with finding $1.5 trillion in budget cuts over the next 10 years. Should that committee fail to agree ̵ [...]
Financial fraud can empty your life savings. Here are 10 steps suggested by best-selling author Charles Murray. Every deal is a potential scam: Recognize that fraud is an act of deceit by one party intended to induce another to part with something of value. Map out your goals [...]
Medicare is the primary health insurance for retirees and their spouses. It is available for those over age 65, those under 65 with certain disabilities, and those of any age with permanent kidney failure. It consists of Parts A, B, C and D. Part A helps cover inpatient care [...]
How long will you live after you retire, and will you have enough money to live on comfortably? Good question. That’s why – before you retire – you should think about post-retirement economic security, because few things could be worse than money running out [...]
To apply for Railroad Retirement or Social Security benefits, you must provide certain information, and it is suggested you begin the process at least three months prior to your anticipated retirement date. You will need the following information to register successfully for [...]
After a lifetime of hard work, UTU rail, bus and airline members look forward to a secure retirement. In an ideal world, it would be that simple. In the real world, careful planning and attention to detail are essential. Topping the list of retirement concerns are money and h [...]
WASHINGTON – Most Railway Labor Act Section 3 arbitration cases will grind to a halt Sept. 30 if Congress does not pass a new appropriation for the National Mediation Board. The federal government’s fiscal year ends Sept. 30 and Congress has not passed an appropriation to fun [...]
MARRERO, La. – CSX conductor Jonathan Batieste, 29, with a wife and four young daughters between the ages of three and 12, died unexpectedly Aug. 22 following a motorcycle accident. Batieste, a member of UTU Local 1066 in New Orleans, signed on with CSX just 13 months ago. He [...]
If you retired from railroad service on or after April 1, 1967, you may be eligible for a $2,000 retiree life insurance benefit. Benefits are administered by MetLife for all retirees from railroads participating in the National Railway Carriers’ / UTU Health & Welfare Pla [...]
WASHINGTON – Federal Transit Administration bus-project and other transit funding – in danger owing to political squabbling — will remain in place at least through March 31, 2012, following House and Senate action to extend temporarily, for the eighth time since 2009, h [...]