Comparison of Benefits Under Railroad Retirement and Social Security
March 20, 2017
March 20, 2017
WASHINGTON, March 20 -- The Railroad Retirement Board issued the following news release:
Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for "career" employees who have 30 or more years of service.
The following questions and answers show the differences in railroad retirement . . .
Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for "career" employees who have 30 or more years of service.
The following questions and answers show the differences in railroad retirement . . .