RRB
Railroad Retirement and unemployment insurance taxes in 2019
(Source: Railroad Retirement Board press release, December 6, 2018) CHICAGO — The amounts of compensation subject to railroad retirement tier I and tier II payroll taxes will increase in 2019, while the tax rates on employers and employees will stay the same. In addition, unemployment insurance contribution rates paid by railroad employers will continue to include…
Read MoreRRB issues statements of service (Form BA-6)
(Source: Railroad Retirement Board press release, May 23, 2018) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a “Certificate of Service Months and Compensation” (Form BA-6) for every railroad employee with creditable railroad compensation in the previous calendar year. The RRB will mail the forms to employees during the first half of June.…
Read MoreRRB Q&A: Railroad Retirement age reductions
(Source: Railroad Retirement Board press release, May 31, 2018) CHICAGO — Railroad retirement benefits are subject to reduction if an employee with less than 30 years of service retires before attaining full retirement age. While employees with less than 30 years of service may still retire at age 62, the age at which full retirement benefits…
Read MoreQ&A: RRB reports performance under Customer Service Plan
(Source: Railroad Retirement Board press release, January 17, 2018) CHICAGO — The U.S. Railroad Retirement Board’s Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB’s plan lays out the standards and expresses the time frames in terms of when the agency is required to make its decision to pay or…
Read MoreRRB offices remain open during government shutdown
(Source: Railroad Retirement Board press release, January 22, 2018) CHICAGO — The U.S. Railroad Retirement Board (RRB) has announced that during the lapse in Federal funding for certain Government operations which began January 20, ongoing benefit payments will continue and all RRB offices are expected to remain open. RRB field offices, operating with reduced staffs, will…
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