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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Employee Contributions To Railroad Retirement

(Posted May 23, 2007)

Question 625: What percentage of a rail workers pay goes into the Retirement Account?

Answer: In 2007, employees contributes 7.65% of their rail earnings up to $97,500 for Tier 1 & Medicare. In addition, they contribute 3.9% of their earnings up to $72,600 for Tier 2.


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
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