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If RR Retirement was gone...
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<p><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span style="color: black;">To collect RRR, do you have to retire from a job on the railroad?</span></span></span></p> <p><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span style="color: black;"></span><span><span><span style="color: black;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">How much are the benefits keyed to what the employee actually put into the system?</span></span></span></span></span></span></span></p> <p><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span><span><span style="color: black;"></span></span></span><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span style="color: black;">What is the average percent of an employee's pay that gets withheld for RRR? More specifically, this would include both the part withheld from the employee and the amount matched by the employer. Somewhere I read that this number as pretty high. So I am curious what the percent actually is. </span><span style="color: black;"><o:p></o:p></span></span></span></span></span></p> <p><span style="font-family: 'Times New Roman'; color: black; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">If you work for a railroad for say eight years, and then quit, do you simply forfeit what you have paid to fund RRR; or do you get some payback from it when you do retire. I always heard that was one drawback to getting RRR instead of SS, that is that if you quit a railroad job, you leave your contributions behind, whereas with SS, the benefits keep accruing no matter what jobs you do.<span style="color: black; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA; mso-bidi-font-family: Arial;"> </span></span></span></span></p> <p> </p>
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