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Answers are provided by Robert S. Kaufman
Vesting Is Forever!
(Posted April 21, 2003)
Question 248: I worked for the Santa Fe Railroad from 1977 until 1994 when I received a severance buyout payment. Am I still covered under Railroad Retirement? If I am covered, how much can I receive?
Answer: With more than 10 years of railroad service, you are vested in the Railroad Retirement system. You will be eligible for benefits at 62, or earlier if you become permanently disabled for all work.
To get an idea of what you will receive, you need to contact the Railroad Retirement Board District Office serving your area. Go to http://www.rrb.gov to find the address and phone number of that office.
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