Join the discussion on the following article:
Railroad Retirement not under threat
The fact that legislation to change railroad retirement has not been passed does not mean it is not a threat or was not seriously proposed. It was in a report passed by congress after all. Perhaps we should indeed not loose sleep over it, but this assertion is not backed up here. I’d like to hear more.
Perhaps. Truth of the matter is that Mr. Ryan and his good buddy Rick Berg (R-ND and senate wannabe) will not be content until the entire country, 1 %'s excluded, are working for minimum wage and living in a rented HUD hut.
Message to Congress from those of us out running the trains: Don’t mess with the RRB.
What cost saving each Class One railroad would receive?
What cost savings each Class One railroad would receive?
Congress should, instead, examine their munificent retirement and health benefits. Naw. Never happen!
The article contained no by-line or attribution.
Please don’t tell us that a congressional lobbyist, Ryan’s office, an RNC hack, an R. PAC, some anonymous super PAC----the usual suspects known well by all------
didn,t send the Newswire that weasel-gram.
If they are even talking about it, then it is threat to be changed. I’m not going to lose sleep over it, but as a railroad employee I will keep one eye open!
Back in the late 1980s (don’t remember the exact dates) during the Regan administration a change to Railroad Retirement required a Railroad Employee to reach age 62 before being able
to receive full benefits after 30 years of service. If retirement was taken after 30 years and not reaching age 62, your pension was cut 10%. After 30 years I was forced to retire at age 60 and I am living with that cut today.
At some later date the requirements were changed back to the original 30 years/age 60 to receive full benefits…
NO retroactive benefits have been offered …
I live in Ryan’s district and he is out to lunch when it comes to working Americans.
Congress should step back, take a deep breath, look in a mirror, and point its spindly finger at itself as a starting point for budget reform, parity, retirement benefits, medical coverage, ad nauseum. One term in office and these clowns are set for life, while everyone else has to fight for the crumbs that get swept off the table. They need to have a real 40 hour plus work week at a modest wage to see how difficult it is to make ends meet, especially with people having to work longer in order to have some pittance of income for retirement. Talk about hypocrisy!
We have $100,000,000,000,000 in unfunded Big Entitlement liabilities. What is your plan?
And Francis Carlin…how is California doing these days with its pension liabilities? You seem angry that an article is in Trains Newswire that doesn’t conform to your political beliefs.
The fact that it was even brought up means it will be brought up again. If Obama does not get reelected and the Republicans keep a majority in the House fully expect it to come up again.
Railroad Retirement does “cost” taxpayers anything; its funded byrailroaders! Oh, that doesn’t matter…
More RNC and Teaparty BS. It’s always been privately funded by the railroads and railroad employees. They just want the funds - so they can waste them on their ‘friends’.
If there was nothing to it then why did the AAR join with rail unions to say to leave the RRB alone. There would be no saveings to the public as was stated in the bill anyway as there is no public money in RRB. Only the employee and the Railroad fund the RRB. These Republicans should find something constructive to do and leave what they do not understand alone.
The all knowing goverment has ruined SS and some other retirment funds, why not this one as well?