Railroad Unemployment and Sickness Benefits Will Increase Due to Adjusted Sequestration Rate

Beginning October 1, 2017, the U.S. Railroad Retirement Board (RRB) will reduce railroad unemployment and sickness insurance benefits by 6.6 percent, down from the current 6.9 percent reduction, as required by law. The adjusted reduction amount is based on revised projections of benefit claims and payments under the Railroad Unemployment Insurance Act. It will remain […]

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