The Railroad Retirement Board (RRB) is required by law to submit annual financial reports and triennial actuarial valuations to Congress on the financial condition of the railroad retirement system, as well as annual financial reports on the railroad unemployment insurance system. These reports must also include recommendations for any financing changes which may be advisable in order to ensure the solvency of the systems. In June, the RRB submitted its 27th Actuarial Valuation of the railroad retirement system’s assets and liabilities, and its financial report on the railroad unemployment insurance system.
Click here to view the questions and answers release that summarizes the findings of these reports.