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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Getting Help Projecting Future Retirement Benefits

(Posted May 26, 2001)

Question 99: I'm 45 and I have 20 years of rail credits. I plan to leave the railroad very soon so that I can become self-employed. Can I ask the local Railroad Retirement Board office for help in projecting my future retirement benefits?

Answer: Yes, that's why they are there!

One note of caution. You won't reach retirement age for 17 years. A lot can change during that time, but the RRB certainly can tell you what you would receive under the current law when you reach ages 62 and 67. You also should ask how much you would receive if you became disabled before age 67.

The earnings used for your Tier 1 benefit are indexed for annual changes in the average wage levels. Tier 2 has no indexing feature, however, so you can expect that your Tier 2 benefit will be much lower than workers who remain in the system.

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
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