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When Your 60/30 Award is Less Than Expected
(Posted May 28, 2002)
Question 178: I became 60 in March 2002; I have 32 years of rail service. After I retired, my husband and I received our first retirement checks in early May, but both are less than we expected. Is there a simple explanation?
Answer: I know the Railroad Retirement Board (RRB) was planning to make "interim" payments in 60/30 cases for several months until it is able to make all of the necessary changes in its computer programs to correctly pay the new 60/30 rates.
Check the letters the RRB sent to you and your husband to see if they mention that your awards are not "final." When the RRB pays "partial" amounts, it reduces the rates in order to prevent any overpayment from being made.
If you still have a question after rereading the letters, call the RRB office you filed at, and ask the repersentative to explain the differences.
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