New Legislation S.4860 — A bill to exempt payments made from the Railroad Unemployment Insurance Account from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985. S.4860 — The “Railroad Employee Equity and Fairness Act” or the “REEF Act”, was introduced by Senators Portman and Klobuchar.
If passed, the REEF Act exempts railroad unemployment payments from sequestration, which reduces payments by 5.7%.
Call your Senator and let him know that you are a railroad employee and, as a constituent, you need him to support this legislation.
The “Railroad Employee Equity and Fairness Act” or the “REEF Act”