The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit (ERMA or GA-46000) Plan will increase from $175,700 to $182,700 beginning Jan. 1, 2022.
At the end of 2001, labor and management had agreed on various procedures to administer the annual changes in the amount of the lifetime maximum benefit under the ERMA Plan.
In conjunction with the formula established in 2001, a new lifetime maximum was calculated by utilizing the October 2021 consumer price index (CPI) data for Hospital and Related Services and Physician Services. The result is a lifetime maximum for 2022 of $182,700.
For individuals who have reached the lifetime maximum, the incremental maximum available is applied to eligible expenses submitted for dates of service on or after the effective date of the new maximum. For 2022, this amount will be $7,000.
This change will apply to all railroads and crafts participating in ERMA.
Related News
- 2025 Tentative Agreement Reached Between SMART-TD and Union Pacific
- Stand with Sister Nydia Sandoval on Monday!
- SMART Transportation Division Members Ratify New Five-Year Agreement with 18.77% Wage Increases and Enhanced Benefits
- Union Leadership Meets with New N.S. Trainees in McDonough, Georgia
- CSX Asks to keep Safety Reports out of the Crew Rooms, Injuries are Up, Fatalities Continue, and Transparency is Down
- WE WILL NOT “SHUT THE !#*$ UP AND DRIVE”!
- Railroad Retirement Benefits Set to Increase in January
- Semi Crushes Member in Decatur, Ill.
- Long-time Union Ally Mikie Sherrill Runs for New Jersey Governor
- FRA Suspends Safety Reports due to Government Shutdown