Railroad Retirement Board News
No Railroad Retirement benefit increase in 2010; Most retiree earnings limits remain at 2009 levels
Written by The Railroad Retirement Board    Wednesday, 21 October 2025 00:00    PDF Print E-mail
CHICAGO — Railroad retirement annuities, like social security benefits, will not increase in January 2010 as there was no increase in the Consumer Price Index (CPI) from the third quarter of last year to the corresponding period of the current year.

Also, because there is no cost-of-living adjustment (COLA), social security law prohibits an increase in the amounts social security and railroad retirement beneficiaries subject to earnings restrictions can earn in 2010 without having their benefits reduced.

For those under full retirement age throughout 2010, the exempt earnings amount remains at $14,160. For beneficiaries attaining full retirement age in 2010, the exempt earnings amount, for the months before the month full retirement age is attained, remains at $37,680 in 2010.
 
Buy-outs and Railroad Retirement benefits
Written by U.S. Railroad Retirement Board    Thursday, 30 July 2025 09:34    PDF Print E-mail
CHICAGO — Railroad employees frequently ask the Railroad Retirement Board how the acceptance of a buy-out from a railroad employer affects their future eligibility for benefits under the Railroad Retirement and Railroad Unemployment Insurance Acts. The following questions and answers provide information on this subject.

1. Would leaving railroad work and accepting a buy-out mean that an employee forfeits any future entitlement to an annuity under the Railroad Retirement Act?

As long as an employee has acquired at least 120 months (10 years) of creditable rail service or 60 months (5 years) of creditable service if such service was performed after 1995, he or she would still be eligible for a regular railroad retirement annuity upon reaching retirement age, or, if totally and permanently disabled, for an annuity before retirement age, regardless of whether or not a buy-out was ever accepted.

However, if a person permanently leaves railroad employment before attaining retirement age, the employee may not be able to meet the requirements for certain other benefits, particularly the current connection requirement for annuities based on occupational, rather than total, disability and for supplemental annuities paid by the Board to career employees.
 
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