The following questions and answers describe these benefits, their eligibility requirements, and how to apply for and claim them. It also explains how a federal sequestration order reduces benefit rates.
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EMPLOYEE GUIDE TO RAILROAD RETIREMENT BENEFITS
Retirement, disability, and survivor benefits paid by the Railroad Retirement Board (RRB) are known as annuities. Annuities are made up of one or more components called tiers. Tier I is based on a combination of your railroad retirement credits and any social security credits you have acquired. It is computed using social security formulas, but with railroad retirement age and service requirements. Tier II is based on your railroad retirement credits only, and is computed under a separate formula. (*IB-2 pages 41-45)
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The following questions and answers describe these benefits, their eligibility requirements, and how to apply for and claim them. It also explains how a federal sequestration order reduces benefit rates.
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Page Last Updated: Jul 02, 2024 (08:08:00)
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