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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Are Investments of the National Railroad Retirement Investment Trust Protected Against Investment Bank Failure?

(Posted September 30, 2008)

Question 676: In reference to question 675: are the losses incured under the investments made in the case of J.P. Morgan and Lehman Brothers protected by SIPC or FDIC or another protection plan to reemburse the National Railroad Retirement Investment Trust?

Answer: The subject matter of your question is beyond the scope of this column. The column is primary designed to answer questions about benefits under the Railroad Retirement Program. I suggest that you contact the National Railroad Retirement Investment Trust, 1250 I Street NW, Washington DC 20005. Their phone number is (202) 464-4781.

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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