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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.
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