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United Transportation Union: Railroad Retirement Board News
For railroad employees with less than 30 years (360 months) of credited service, full retirement age, the earliest age at which a person can begin receiving railroad retirement or social security benefits without any reduction for early retirement, ranges from age 65 for those born before 1938 to age 67 for those born in 1960 or later, the same as social security. How much will this affect the annuity of employees retiring before full retirement age? If you are interested, I suggest you review the May 2010 publication of Railroad Retirement Board Labor Member V. M. Speakman, Jr. reproduced here.
From time to time this office entertains questions relative to the eligibility requirements and process for an employee to apply for a disability annuity from the Railroad Retirement Board.
Attached here for our members' benefit you will find an article published in April 2010 by U.S. Railroad Retirement Board Labor Member V. M. Speakman, Jr. that clearly answers these questions.
Posted by jel on Tuesday, March 09 Eastern Standard Time (241 reads)
A list of Railroad Retirement Board Informational Conferences conducted by Labor Member V. M. Speakman, Jr.'s office can be accessed here.
Railroad Retirement Board Labor Member Speakman's monthly publication for March 2010 with important benefit information can be accessed here.
A list of Railroad Job Vacancies published by Mr. Speakman's office dated March 2, 2010 (which may be of interstest to some of our furloughed members) can be accessed here.
The American Recovery and Reinvestment Act of 2009 (Recovery Act), signed into law by President Obama on February 17, 2009, contains a number of provisions that affect railroad retirement annuitants and railroad workers. Not the least of these provisions is one that provides up to 13 weeks of special extended unemployment benefits for certain railroad workers who have exhausted their rights to the benefits normally provided under the Railroad Unemployment Insurance Act (RUIA). For more information regarding these provisions, please review the May 2009 publication of U.S. Railroad Retirement Board Labor Member V. M. Speakman, Jr. here.
In April 2009 the Railroad Retirement Board announced one-time economic recovery payments ($250 each) that will be made to nearly 540,000 railroad retirement beneficiaries under the American Recovery and Reinvestment Act (Recovery Act) signed into law by President Obama on February 17, 2009. For details, a copy of the April 2009 news release from RRB Labor Member V. M. Speakman, Jr. can be viewed here.
(The following article was published by the Railroad Retirement Board in June 2008):
New Benefit Year for Railroad
Unemployment and Sickness Benefits
A new benefit year under the Railroad Unemployment Insurance Act begins July 1, 2008. Administered by the Railroad Retirement Board (RRB), this Act provides two kinds of benefits for qualified railroaders: unemployment benefits for those who become unemployed but are ready, willing and able to work; and sickness benefits for those who are unable to work because of sickness or injury. Sickness benefits are also payable to female rail workers for periods of time when they are unable to work because of pregnancy and childbirth.
The following questions and answers describe these benefits, their eligibility requirements, and how to claim them.
1. What is the daily benefit rate payable in the new benefit year beginning July 1, 2008?
For Immediate Release U.S. Railroad Retirement Board
Benefit Rate Increase for Railroad Unemployment and Sickness Benefits
The maximum daily benefit rate payable for claims under the Railroad Unemployment Insurance Act increases to $61 from $59 in the new benefit year, which begins July 1, 2008. Benefits are normally paid for the number of days of unemployment or sickness over four in 14-day registration periods, so maximum benefits for biweekly claims will total $610.
On April 1, 2008, V. M. Speakman, Jr., Labor Member of the U. S. Railroad Retirement Board, released dates and locations for RRB informational conferences currently scheduled for calendar year 2008. Anyone who is looking forward to retirement, or simply seeking additional information regarding unemployment benefits and eligibility, sickness benefits and eligibility, or any other Railroad Retirement Board related issue should consider attending one of these informational conferences. The schedule of conferences is attached here for all those interested. Registrations begin at 8:00 AM on the date of the conference, with the programs beginning at 8:30 AM and ending at 12:30 PM.
