Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator
SPS logo
SPS
(Telecommute)
ESOP Administrator
Blue Ridge ESOP Associates logo
Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)
Retirement Plan Administrator
Steidle Pension Solutions, LLC logo
Steidle Pension Solutions, LLC
(Lebanon NJ)

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

Railroad Retirement Credits Transferred to Social Security When Worker Not Vested

(Posted November 13, 2000)

Question 72: A friend of mine worked for the Grand Trunk Western in the 1970's. He would like to find out what happened to his pension contributions (he is sick and could use the money). He was told his railroad work credits have been transferred to Social Security. Is this true? Why hasn't he received notice of this?

Answer: Although you don't say, I'm assuming that your friend has less than 10 years of railroad credits and therefore is not vested for Railroad Retirement benfits.

Yes, it is true that his railroad credits are sent to Social Security and combined with his Social Security credits.

See Q&A 68 (click) for more discussion of this situation.


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.