Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

DC / 401(k) Support Specialist
Actuarial Systems Corporation - ASC logo
Actuarial Systems Corporation - ASC
(CA / Telecommute)
Senior Actuarial Administrator
Group RHI logo
Group RHI
(Dallas TX / Houston TX / Telecommute)
Manager, Retirement Plan Documents
Transamerica logo
Transamerica
(Denver CO)
ESOP Consultant
Ascensus logo
Ascensus
(Atlanta GA / Telecommute)
Retirement Plan Administrator
Farmer & Betts, Inc. logo
Farmer & Betts, Inc.
(Tacoma WA / Littleton CO / Tualatin OR)
Project Manager Benefits Communication
BeneCom Associates logo
BeneCom Associates
(Acton MA / Telecommute)
Client Success Specialist
Ubiquity Retirement + Savings logo
Ubiquity Retirement + Savings
(AZ / CA / CO / FL / IL / KY / LA / MA / NC / NJ / NV / NY / OR / SC / WA / Telecommute)
Plan Document Specialist
Aimpoint Pension logo
Aimpoint Pension
(Pompano Beach FL / Telecommute)
Defined Contribution Plan Administrator
The MandMarblestone Group, llc logo
The MandMarblestone Group, llc
(Philadelphia PA / Telecommute)
Retirement Plan Administrator
Group RHI logo
Group RHI
(Dallas TX / Houston TX / Telecommute)
Retirement Plan Administration Consultant
TSC logo
TSC
(Edina MN / Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Bonus Payment to Disability Annuitant

(Posted June 10, 2009)

Question 710: My husband has been on medical disability for several months. He will not be returning to work. His railroad is paying a bonus that only covers a time period during which he was still employed earlier last year (before the workers unionized). He might not be qualified to receive it, but if he should, is this something that would affect his disability payment? Does it make a difference that it was based on a previous work period and he's done no current work to earn it?

Answer: If your husband does receive a bonus payment, it should not affect his disability annuity.

But you should notify the Railroad Retirement Board as soon as it is received, and ask them what affect it has on his annuity.


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
Related links:

(restricted access)

(restricted access)

© 2020 BenefitsLink.com, Inc.