Tag: railroad retirement act

Understanding the Structure and Benefits of the Railroad Retirement Act

Written by NARVRE. Posted in Alerts and News.

The National Association of Retired and Veteran Railway Employees (NARVRE) is dedicated to keeping its members well-informed about the special benefits and regulations that govern their retirement under the Railroad Retirement Act (RRA). This blog aims to explain the differences within the Railroad Retirement system, with a specific focus on the Tier I and Tier II benefits. Additionally, it emphasizes the importance of understanding and advocating for the specific laws related to railroad retirement.

Why Didn’t I Receive a Cost-of-Living Adjustment?

Written by NARVRE. Posted in Alerts and News.

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 did not receive a COLA. They are worried they are not receiving their benefits properly and do not understand why others received them but did not. In some cases, due to a rise in Medicare premiums, they actually see their take-home amount lowered as well.