LRW Honors Amtrak’s Acheson As Railway Woman Of The Year
From Editor-In-Chief Foran: Of Gender Equity And Inclusion
Spotlight On Some Of Today’s Rail Safety Products
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
Last week, President Bush signed the Railroad Retirement Disability Earnings Act (H.R. 5483), which the U.S. House passed Sept. 28 and Senate passed Dec. 9.
Introduced in the House in May 2006 by Rep. Don Young (R-Alaska), the legislation raises retired railroad workers’ monthly earning limit from $400 — as established more than a decade ago under the Railroad Retirement Act — to $700 and creates an indexing formula to automatically increase the earning limit based on inflation. The changes are retroactive to Jan. 1, 2007.
“This bill will allow our retirees to earn more money to supplement their railroad retirement income,” said Brotherhood of Locomotive Engineers & Trainmen National President Don Hahs in a prepared statement.
1/18/2007
Rail News: Rail Industry Trends
Retirement earnings bill becomes law
advertisement
Last week, President Bush signed the Railroad Retirement Disability Earnings Act (H.R. 5483), which the U.S. House passed Sept. 28 and Senate passed Dec. 9.
Introduced in the House in May 2006 by Rep. Don Young (R-Alaska), the legislation raises retired railroad workers’ monthly earning limit from $400 — as established more than a decade ago under the Railroad Retirement Act — to $700 and creates an indexing formula to automatically increase the earning limit based on inflation. The changes are retroactive to Jan. 1, 2007.
“This bill will allow our retirees to earn more money to supplement their railroad retirement income,” said Brotherhood of Locomotive Engineers & Trainmen National President Don Hahs in a prepared statement.
