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The U.S. Railroad Retirement Board (RRB) is an independent agency in the executive branch of the United States government created in 1935 [2] to administer a social insurance program providing retirement benefits to the country's railroad workers.
The Railroad Retirement Board (RRB) is an independent agency in the executive branch of the federal government that administers Railroad Medicare and other benefits programs for railroad workers.
Railroad Medicare is similar to regular Medicare but is specifically for railroad workers.
Form RRB-1099-R "Pension and Annuity Income by the Railroad Retirement Board" is the Railroad Retirement Board counterpart to Form 1099-R. [9] Form W-4P "Withholding Certificate for Pension or Annuity Payments" is filed by payment recipients to inform payers the correct amount of tax to withhold from their payments.
The Quartermaster Corps occupied the Railroad Retirement Board Building on October 2, 1940, [23] and the Corps of Engineers moved into its quarters in December 1940. [24] After the end of World War II, the Railroad Retirement Board Building was turned over to the United States Department of Health, Education, and Welfare. The building was ...
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W.A "Walt" Barrows is the current Labor Member of the United States Railroad Retirement Board. He was nominated by President Barack Obama on February 28, 2011 [1] and was confirmed by the U.S. Senate on September 26, 2011. [2] He replaced outgoing board member V.M. "Butch" Speakman, who announced his retirement in 2010. [3]
The Railroad Retirement Revenue Act of 1983, also known as the Railroad Retirement Solvency Act of 1983 (Public Law 98-76), was passed on August 12, 1983. Among other things, it raised tax rates for the railroad retirement taxes.