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On May 1, thousands of Amtrak employees are due to receive the remainder of back pay owed to them under labor contracts the national intercity passenger railroad inked with a handful of unions last year, according to the United Transportation Union.

Under the agreements, Amtrak owed back pay retroactive to July 1, 2002, totaling $573 million. However, because the railroad didn't have sufficient funds to pay the entire amount in a single fiscal year, Amtrak agreed to provide the back pay over two fiscal years.

So far, the railroad has paid about $428 million of the contract settlement. The remainder of the funds will come from a combination of congressional appropriations and Amtrak general funds.