G.W....Please Sign!

[Anonymous]

At the young age of 52, with 32 yrs. on the G.N., B.N., and now the disgraceful B.N.S.F., I will be able to retire at age 60 instead of 62 if G.W. sign's the legislation passed by the Senate and the House. I could quit much sooner, but with the price of Health Coverage etc. I will probably stick it out. Hey George...just sign the darn bill! Thank's...Hommie

[thirdrail1]

"Dubya" signed the bill last night, Dec. 21. Boy, was that a battle! Don't know if it will help me, though, I'm already retired on disability.

[CShaveRR]

It would depend on your circumstances, length of employment, etc. If a standard Railroad Retirement pension is greater or better than your current disability pension, you'll benefit if you can make the change at 60 instead of 62. I know the disability folks are carried on the seniority roster until they reach retirement age, so there is some difference, even if it's only bookkeeping.

[thirdrail1]

Having spent my railroad career in managament (mostly sales and marketing), I am not on any seniority roster. But, under disability, outside earnings are limited to $400. per month, over which I lose my whole pension, whereas someone on normal retirement can earn up to $950. per month without any deduction fron their pension. The RRB amount paid me is the same.