Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

ESOP Administrator
Blue Ridge ESOP Associates logo
Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)
401(k) Associate
Blue Ridge ESOP Associates logo
Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)
Retirement Plan Consultant
Cetera Retirement Plan Specialists logo
Cetera Retirement Plan Specialists
(Telecommute)
Retirement Plan Administrator
Steidle Pension Solutions, LLC logo
Steidle Pension Solutions, LLC
(Lebanon NJ)
Retirement Plan Administrator
SPS logo
SPS
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

Can a Rail Worker Retire in the Middle of a Month?

(Posted August 14, 2013)

Question 1045: Can I retire at 60 with 40 years, when I turn 60 on November 4 and get a partial payment for November ? Or do I have to work until the end of November?

Answer: You can retire as early as November 2 and begin receiving an annuity on November 3. Your payment for November will be made on December 1 and would be 28/30 of your full annuity rate.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


Copyright 1997-2017 Robert S. Kaufman
Related links:

(restricted access)

(restricted access)

© 2020 BenefitsLink.com, Inc.