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Tag: railroad retirement plan

RRB Annuity and Medicare Part B 2022 Increases

If you have been following the Railroad Retirement Board website (rrb.gov) or even the news, then you are aware of the upcoming increase in your retirement wage. Your Cost-of-Living part of your annuities will see a rise in January 2022. 

Garey Faley sent a message recently explaining the facts behind the increase he says, “The Cost-of-Living increases are calculated in both Tier 1 and Tier 2 benefits included in your railroad retirement annuity. The Tier 1 benefits such as Social Security benefits, will increase by 5.9 % which equals the percentage of the CPI rise. 

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N.A.R.V.R.E. Guide to Saving for Retirement Early

At the National Association of Retired and Veteran Railway Employees or otherwise known as N.A.R.V.R.E., our goal is to protect our members retirement benefits. We keep you abreast of any legislative proposals in Washington D.C. and then fight to keep your benefits from being changed. Another goal is to help you achieve and understand your retirement benefits. This article aims to guide you towards saving for retirement early and efficiently without breaking the bank. Therefore, we have compiled a list of tips on saving early for your retirement later. The tips are as follows: 

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Railroad Retirement Board Changes

NARVRE

NARVRE has recently been informed of changes taking place at the Railroad Retirement Board (RRB.)  As of October 2021, the Railroad Retirement Board’s (RRB) field offices have been unable to re-open due to Covid and variants. Even though the field offices have remained closed the RRB has found ways to still be available to their members. During the Covid shutdown they had an abundance of callers with questions and concerns flood their toll-free phone number.

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Biden Signs into Law the Bipartisan “Infrastructure Investment and Jobs Act”

NARVRE

America needs a makeover, and the House agreed by supporting the legislation to secure a $1.2 trillion (about $3,700 per person in the US) bill. The bill, titled the Infrastructure and Jobs Act or IIJA (Infrastructure Investment and Jobs Act), is the most significant investment in the nation’s infrastructure in a century. According to civil engineers, we need money for ongoing repairs on roads, bridges, rails, water and power lines, and ports.  

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How to Calculate for your Retirement

N.A.R.V.R.E

You have worked hard for most of your life. You deserve your retirement. To have an enjoyable and stable retirement, you need to make sure you have financially planned for no longer receiving a paycheck. How to calculate for your retirement is one of the most challenging parts of retirement planning.  Figuring out how much money you should have saved is tough.   

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NARVRE Fights for Railroad Retirement Medicare Benefits

The National Association of Retired & Veteran Railway Employees (NARVRE) was organized in 1937.  NARVRE’s primary purpose according to their original by- laws is, “for the study of the legislative principles and processes of the Railroad Retirement Act of 1937″, cooperating with retired and active railroad employees on actions affecting these principles. 

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CONTACT NARVRE

Contact NARVRE

N.A.R.V.R.E
6819 Crumpler Blvd, Suite 200 Olive Branch, MS 38654-1940
TEL:  1-800-551-2588  | EMAIL: NARVRE@gmail.com

If the government is big enough to give you everything you want, it is big enough to take away everything you have.
~Gerald R. Ford

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