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Q&A: Buyouts and Railroad Retirement benefits

(Source: Railroad Retirement Board press release, April 26, 2022) CHICAGO — Railroad employees frequently ask the Railroad Retirement Board (RRB) how accepting a buyout from a railroad employer affects their future eligibility for benefits under the Railroad Retirement and Railroad Unemployment Insurance Acts. The following questions and answers provide information on this subject. 1. Would leaving…

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Q&A: Buyouts and Railroad Retirement benefits

(Source: Railroad Retirement Board press release, April 26, 2022) CHICAGO — Railroad employees frequently ask the Railroad Retirement Board (RRB) how accepting a buyout from a railroad employer affects their future eligibility for benefits under the Railroad Retirement and Railroad Unemployment Insurance Acts. The following questions and answers provide information on this subject. 1. Would leaving…

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U.S. rail traffic down for ninth consecutive week

(Source: Railway Age, April 27, 2022) NEW YORK — Total U.S. rail traffic for the week ending April 23, 2022, came in at 498,011 carloads and intermodal units, down 7.4% from the same point last year, the Association of American Railroads reported on April 27. This is the ninth consecutive week that traffic has declined.…

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STB seeks ways to quickly ease railroad service problems

(Source: Trains Magazine, April 27, 2022) WASHINGTON, D.C. — There were more questions than answers on Tuesday as federal regulators sought ways to remedy railroad service problems that defy a quick fix because they are rooted in a shortage of train crews. Full story: Trains Magazine

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