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January 2012 Increase In Railroad Retirement Benefits!
(Posted December 27, 2012)
Question 846: Will there be a raise in the Social Security part of the Railroad Retirement benefit in January 2012 for retired employees and spouses?
Answer: I have great news for you: both Tiers of Railroad Retirement will receive an increase in January 2012.
Tier 1 will be increased by 3.6%, the same as Social Security.
Tier 2 will be increased by 1.2%, which is one-third the increase in Tier 1.
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