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  • Form Ba-4 - U.s. Railroad Retirement Board - Rrb

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UNITED STATES OF AMERICA RAILROAD RETIREMENT BOARD FORM APPROVED OMB NO. 3220-0008 REPORT OF CREDITABLE COMPENSATION ADJUSTMENTS (SEE INSTRUCTIONS FOR COMPLETING AND MAILING THIS FORM ON REVERSE SIDE).

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Employees who receive dismissal allowances earn railroad service months and compensation credits from the payments received under the agreement. All reported service months and compensation is used for benefit purposes.

Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act. As a result, railroad retirement benefits are higher than social security benefits, especially for career employees (those employees who have 30 or more years of service).

Creditable compensation is the total of tier I, sick pay, and miscellaneous compensation, and is limited to the tier I maximum for each specific year. The number of service months you were credited with each year. ... The total number of any military service months that are creditable as railroad compensation.

The RRB's primary function is to administer comprehensive retirement-survivor and unemployment-sickness benefit programs for the nation's railroad workers and their families, under the Railroad Retirement and Railroad Unemployment Insurance Acts.

The average age annuity being paid by the Railroad Retirement Board (RRB) at the end of fiscal year 2019 to career rail employees was $3,645 a month, and for all retired rail employees the average was $2,910. The average age retirement benefit being paid under social security was approximately $1,460 a month.

Answer: Yes, you can apply for and receive both benefits, but the Tier 1 portion of your Railroad Retirement Annuity will be reduced by the amount of your Social Security benefit, so you may not receive more in total benefits.

You can call the Railroad Retirement Board at 1 877 772-5772 during normal business hours to speak to an RRB representative. If you have a touch-tone telephone, recorded information and automated services are available 24 hours a day, including weekends and holidays.

At the end of fiscal year 2017, total railroad retirement system assets equaled $27.8 billion. During fiscal year 2017, benefits totaling approximately $12.6 billion were paid under the Railroad Retirement and Railroad Unemployment Insurance Acts.

As with Social Security, Railroad Retirement benefits are generally first payable at age 62, with the full retirement age ranging from 65 to 67, depending on a recipient's year of birth. ... First, early retirement reductions do not apply if the worker has at least 30 years of service in RRB -covered employment.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232