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www.rrb.gov. The U.S. Railroad Retirement Board (RRB) is an independent agency in the executive branch of the United States government created in 1935 [2] to administer a social insurance program providing retirement benefits to the country's railroad workers. The RRB serves U.S. railroad workers and their families, and administers retirement ...
railroads.dot.gov. The Federal Railroad Administration (FRA) is an agency in the United States Department of Transportation (DOT). The agency was created by the Department of Transportation Act of 1966. [ 3 ] The purpose of the FRA is to promulgate and enforce rail safety regulations, administer railroad assistance programs, conduct research ...
In November 2021, Congress passed the Infrastructure Investment and Jobs Act.Section 22214 of the law orders the Federal Railroad Administration (FRA) to study the restoration of all long-distance Amtrak routes that had been discontinued, daily service on non-daily trains (the Cardinal and Sunset Limited), and the possibility of new long-distance routes—particularly those that were ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private ...
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The Railroad Retirement Revenue Act of 1983, also known as the Railroad Retirement Solvency Act of 1983 (Public Law 98-76), was passed on August 12, 1983. Among other things, it raised tax rates for the railroad retirement taxes. Without the enactment of this legislation, the Railroad Retirement Board would have been required to substantially ...
Plus-up payments are an extra stimulus payment sent out to those who received a stimulus check based on a 2019 tax return or information received from the Social Security Administration, U.S ...
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.