Sequestration Will Reduce Railroad Unemployment and Sickness Benefits Due to End of COVID-19 National Emergency
The Budget Control Act of 2011, and a subsequent sequestration order to implement mandated cuts, requires that railroad unemployment and sickness insurance benefits be reduced by a set percentage. However, effective January 3, 2021, the Continued Assistance to Rail Workers Act of 2020 exempted those benefits from sequestration until 30 days after the end of