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(Source: Railroad Retirement Board press release, April 27, 2021) CHICAGO — The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not reported to the Railroad Retirement Board (RRB), can result in benefit overpayments which have to be repaid,…

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(Source: Railroad Retirement Board press release, March 30, 2021) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act. As a result, railroad retirement benefits are higher than social security benefits, especially for “career” employees (those employees who have 30 or more years…

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(Source: Railroad Retirement Board press release, January 26, 2020) CHICAGO — Under the Railroad Retirement Act (RRA), a “current connection with the railroad industry” is one of the eligibility requirements for both the occupational disability and supplemental annuities payable by the Railroad Retirement Board (RRB). It is also a factor in determining whether the RRB or…

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(Source: Railroad Retirement Board press release, January 5, 2021) CHICAGO — The RUIA provides for payment of unemployment insurance (UI) benefits to eligible employees for days of unemployment and for the payment of sickness insurance (SI) benefits for days of sickness. Provided below are some frequently asked questions regarding those situations in which benefits are…

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