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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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BLET, SMART-TD members protest outside of BNSF shareholder meeting in Omaha

(Source: SMART Transportation Division press release, April 30, 2022) OMAHA, Neb. — While Berkshire Hathaway shareholders sat April 30 in comfort and national cable-news networks live-streamed and deified wealth hoarder Warren Buffett and his executive cronies at the company’s annual meeting, BNSF railroad workers, as always, were out in the elements doing the hard things…

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U.S. rail volumes tumbled in Week 15

(Source: Progressive Railroading 04/21/2022) U.S. rail traffic was off in both the carload and intermodal categories for the week ending April 16 compared with the same week in 2021, according to the Association of American Railroads (AAR) data. Total carloads for the week fell 6.8% to 221,228 units, while intermodal volume dropped 9.2% to 268,573 containers and…

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