Dec 17, 2011

Direct deposit for federal benefit payments

"...Effective March 1, 2013, those receiving federal benefit payments, including Social Security, Supplemental Security Income (SSI), VA, Office of Personnel Management, Department of Labor (Black Lung), and Railroad Retirement Board benefit checks, must receive their payments electronically..."

Read more at nwitimes.com

Overview of the Railroad Retirement Program

"...In the 1930s, amidst concern about the ability of existing pension programs to provide former railroad workers with adequate assistance in old age, Congress established a national Railroad Retirement system. This system is primarily administered by the Railroad Retirement Board (RRB), which is an independent federal agency charged with providing benefits to eligible employees of the railroad industry and their families..."

Read more at ssa.gov

Nov 15, 2011

Senator Schumer proposes end to RRB double pensions

"...The proposal comes three weeks after federal prosecutors charged 11 people with defrauding the federal Railroad Retirement Board (RRB) occupational disability benefit system..."

Read more at longislandpress.com
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