Social Security Report

Comparison of benefits under Railroad Retirement and Social Security

(CHICAGO — 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. Continue to read press release here…

Source: Railroad Retirement Board press release, March 21, 2017) 

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