RRB
RRB Q&A: Private rail pensions may reduce supplemental annuities
(Source: Railroad Retirement Board press release, November 1, 2017) CHICAGO — Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how distributions from a 401(k)…
Read MoreQ&A: Railroad Retirement spouse and widow(er)s’ annuities and public service pensions
(Source: Railroad Retirement Board press release, October 12, 2017) CHICAGO — Railroad Retirement Act spouse and widow(er)s’ annuities (including divorced spouse, surviving divorced spouse, and remarried widow(er)s’ annuities) are subject to reduction when social security benefits or dual railroad retirement annuities are also payable. Such railroad retirement benefits may also be reduced when a spouse or…
Read MoreRRB Q&A: Acting for impaired Railroad Retirement beneficiaries
(Source: Railroad Retirement Board press release, October 2, 2017) CHICAGO — According to Railroad Retirement Board (RRB) policy, every annuitant has the right to manage his or her own benefits. However, when physical or mental impairments make a railroad retirement annuitant incapable of properly handling benefit payments, or where the RRB determines that the interests of…
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