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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

2004 Cost-Of-Living Benefit Increase

(Posted January 15, 2004)

Question 362: What is the percentage increase for Railroad Retirement for 2004?

Answer: Tier 1 benefits are increased by 2.1% (the same increase in Social Security and other federal pensions).

Tier 2 benefits are increased by 0.7%.

Both increases became effective in December 2003 and are reflected in January 2004 payments.


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.


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