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Helping Amtrak Survive
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Since railroad employees had their own retirement fund before Social Security started, they are not part of Social Security. Therefore, Amtrak's retirement benefits of $280 million is significant. And when Amtrak was created, Amtrak has funded former private passenger railroad employees retirements too. Thus salaries were $1.387 billion, resulting in a salary reduction of $13,000 down to $63,000. <br /> <br /> Since Amtrak has to deal with union employees keep these numbers in mind. A journeyman electrician earns similar. Truck drivers earn this number. Surely, Amtrak engineers, conductors, and mechanics should earn similar. However, I will agree this salary number appears too high for cooks, attendants, and tellers. On the long distance routes, Amtrak employees work away from home up to four days a week on the railroad. You are not going to find many employees with families working away from home, half a continent away, for minimum wage. <br /> <br />Also keep in mind most of Amtrak employees work base are in the northeast corridor, California, and Chicago: some of the most expensive places to live in America. It is one thing to live in Texas and look at these salaries, it is another thing to have to live in the New York City area and live on these salaries....
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