In accordance with the IAM Constitution and as noted in the attached letter, their monthly per capita tax is increased by using the average of the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as published by the U.S. Department of Labor’s Bureau of Labor Statistics and the
In a recent release from the Railroad Retirement Board (RRB): The amounts of compensation subject to railroad retirement tier I and tier II payroll taxes will increase in 2017, while the tax rates on employers and employees will stay the same. In addition, unemployment insurance contribution rates paid by railroad employers will continue to include
The lifetime maximum under the negotiated medical plan for early retirees will increase by $6,200 from $151,600 to $157,800, effective January 1, 2017, due to automatic adjustments based on medical cost inflation. The change affects members enrolled in the Railroad Employees National Early Retirement Major Medical Benefit Plan, GA-46000. This early retirement plan provides a
Open Enrollment for Members Covered Under the Railroad Employees National Health and Welfare Plan OCT 1 thru OCT 31 It’s that time again to announce the annual Open Enrollment for members covered under the Railroad Employees National Health and Welfare Plan (Plan). Members will be receiving materials in the mail in the near future which
Under terms of the 2011 National Agreement covering freight railroads, from January 1, 2010 through December 31, 2014, the health & welfare employee cost?sharing contribution was $200 per month, from January 1, 2010 through June 30, 2012. Effective July 1, 2012, the employee contribution was reduced to $198 per month and has remained frozen at
To qualify for unemployment benefits for the current benefit year beginning July 1, 2015 through June 30, 2016, you must meet certain railroad earnings and creditable service months in the base calendar year 2014. If you became employed prior to calendar year 2014, you must have had at least three (3) months of creditable service
The lifetime maximum under the negotiated medical plan for early retirees will increase by $5,800 from $145,800 to $151,600, effective January 1, 2016, due to automatic adjustments based on medical cost inflation. The change affects members enrolled in the Railroad Employees National Early Retirement Major Medical Benefit Plan, GA-46000. Click here for more information about
Open Enrollment for members covered under the Railroad Employees National Health and Welfare Plan is still running until October 31. Members should have received materials in the mail that provided details of the 2016 Open Enrollment. Now open until October 31, 2015, members can securely access the Railroad Enrollment Services online at www.yourtracktohealth.com to review and
Retired IAM General Secretary-Treasurer Robert Roach, Jr., will be the new President of the Alliance for Retired Americans, a national organization that advocates for the rights and well-being of more than 4.4 million retirees and their families. READ: Alliance for Retired Americans Elects Two New Leaders “I am honored and excited to be joining the
All TCU/IAM members should be aware of the online health and welfare tools and resources available to them at the Your Track to Health website. The website was specifically developed as a joint venture between Rail Labor and Rail Management, with support from the various Plan insurance vendors, to familiarize members covered under the Railroad
