The amounts of compensation subject to Railroad Retirement Tier I and Tier II payroll taxes will go up in 2023, while the tax rates on employers and employees will stay the same. In addition, unemployment insurance contribution rates paid by railroad employers will include a [...]
The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit (ERMA or GA-46000) Plan will increase from $182,700 to $188,000 beginning Jan. 1, 2023. At the end of 2001, labor and management had agreed on various procedures to adminis [...]
Many railroad employees have served in the Armed Forces of the United States. Under certain conditions, their military service may be creditable as railroad service under the Railroad Retirement Act (RRA). The following questions and answers provide information on how militar [...]
Railroad Retirement annuitants subject to earnings restrictions can earn more in 2023 without having their benefits reduced due to increased limits indexed to average national wage increases. Like Social Security benefits, some Railroad Retirement benefit payments are subject [...]
Most Railroad Retirement annuities, like Social Security benefits, will increase in January 2023 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2021 to the corresponding period of the current year. Cost-of-living increases are calculated in both the [...]
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7% in 2023, the Social Security Administration announced. On average, Social Security benefits will increase by more than $140 per month starting in January. [...]
The Centers for Medicare & Medicaid Services (CMS) has released the Part B premium and deductible costs for 2023. Railroad Medicare processes claims for Part B services. This year saw a modest decrease in both costs. The 2023 annual Part B deductible decreased from $233 t [...]
The SMART Transportation Division is seeking high-quality bus and rail photos for the annual Alumni Association calendar. If your photo is chosen, you will receive five copies of the calendar featuring your photo. All photos should be taken from a clear point of safety. Your [...]
Attention freight rail members in national handling: To further strengthen our PEB presentation, we are soliciting additional evidence regarding the restrictive and punitive measures carriers have used to punish employees who are attempting to look after their own health, and [...]
SMART Transportation Division (SMART-TD) would like to take a few moments to update the thousands of essential rail workers whom we proudly represent, the rail shippers and customers, as well as the public at large on the real status of labor negotiations and about the seriou [...]