BenefitsLink > Q&A Columns >
Answers are provided by Robert S. Kaufman
At Age 60, How Much Can I Earn In 2001 Without Losing Any Benefits?
(Posted June 7, 2001)
Question 106: My rail pension began on January 1, 2001. I'm 60 and I'm wondering just how much I can earn this year without losing any of my pension.
Answer: For 2001, you can earn up to $10,680 and keep all of your pension payments. Once you pass $10,680, you will lose $1 in pension payments for every $2 in earnings. The earnings limit is indexed and automatically increases each year. The Railroad Retirement Board will notify you of the new limit for 2002 at the end of 2001.
There is a different limit for the year you become 65, or if you return to work for the last nonrailroad company you worked for before you retired.
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