Did you know that if you receive Medicare benefits through railroad Medicare, you are eligible to use Accountable Care Organizations and have access to their many benefits? In this post, we will share the benefits of these organizations and why y…
We are now in the second month of 2023, and thankfully due to the increase in COLA, you should be receiving more money since the COLA benefit rose to 8.7% in Tier 1 and 2.8% in Tier 2 for railroad retirement benefits.
It has been an eventful few months for railroad workers as a possible strike loomed at the end of last year, 2022. However, President Biden has signed a resolution from Congress that imposes a tentative contract agreement. Congress passed the res…
New Legislation Stops Strike, Yet Leaves Railway Workers With Unfair Policies
The possibility of a nationwide rail strike was averted, effective December 2, 2022. Realizing that a strike on our nation and overall economy could be detrimental, President Biden called for Congressional intervention. This is in accordance with…
Annually in October, the Social Security Administration (SSA) and the Railroad Retirement Board (RRB) announce the cost-of-living adjustment (COLA) for the upcoming year. Every year there are questions from a new widow(er) pertaining to why they …
New and essential legislation has passed through Congress recently. The most recent bill that passed the House this summer was the Inflation Reduction Act. It passed with a party-line vote of 220-207 after the Senate passed the measure on a 51-50…
Railroad Retirement Benefits to See Significant Rise in 2023
Most railroad annuities, such as social security benefits, will rise in January 2023. The increase is due to a Consumer Price Index (CPI) from the third quarter of 2021 in accordance with the period of the current year.
As NARVRE officials, we consider it our duty to report to you ALL the facts from Washington, D.C., so you do not miss anything. This is just one of the perks of being a member of NARVRE.
Important legislation has recently been passed through Congress this summer. The most recent bill to pass the House this summer was the Inflation Reduction Act (HR5376) which passed on a party-line vote 220-207 after the Senate passed the measure…
