President Franklin Delano Roosevelt signed the Railroad Retirement Act in 1935. The rail industry had the country's first industrial pension plans dating to 1874 and by 1925 three in four railroad ...

Most railroad retirement annuities, like social security benefits, will increase in January 2023 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2021 to the corresponding ...

There is a law that says an amount equal to two-thirds of a retirement pension from a non-Social Security-covered job must be deducted from any spousal benefits you are due from Social Security.

Enacted in 1977, the Government Pension Offset (GPO) ensures that benefit calculations of public sector government employees who don’t pay into Social Security are calculated the same way as ...