BenefitsLink logo
EmployeeBenefitsJobs logo
Featured Jobs

Plan Administrator (Lake Mary FL / Richmond VA / Dallas TX / Los Angeles CA)

Retirement Plan Services Sales Representative (Chambersburg PA)

Retirement Plan Sales Territory Manager (Irving TX / Telecommute)

Retirement Plan Administrator (Minneapolis MN)
Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Get the BenefitsLink appLinkedIn
Twitter
Facebook

BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

When Disabiled Rail Worker Reaches 62

(Posted July 6, 2012)

Question 884: I was a railroad employee and was injured after 18 years of service. I receive a Disability Annuity from Railroad Retirement. Am I eligible for retirement benefits when I reach age 62?

Answer: Since you are receiving a Disability Annuity from Railroad Retirement, there is no advantage to switch to a Retirement Annuity at 62.

In fact, you would lose money because the Retirement Annuity is reduced at least 30% when it begins at age 62. Your Disability Annuity is not reduced for age.


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:
 
About Us

Testimonials

Privacy Policy

Post a Job

Advertise in the BenefitsLink Newsletters

Add Your Company to the Directory of Vendors and Software

Submit a News Item, Press Release, Webcast or Conference

Contact Us

Payment Portal

© 2019 BenefitsLink.com, Inc.