The Railroad Retirement program was established in 1937 and is among the older retirement programs for private sector employees in the United States. In accordance with your request that we study the portability of Railroad Retirement beneifts, our objectives were to determine: which, if any, Railroad Retirement benefits are portable; what changes could be made to the Federal Employees' Retirement System (FERS) that might enhance the portability of Railroad Retirement benefits into FERS for former railroad employees who secure federal civilian employment and the cost and administrative implications of those changes for FERS and whether such changes could be made cost-neutral to FERS; and what changes could be made to Railroad Retirement that might enhance the overall portability of its retirement benefits and what are the cost and administrative implications of these changes for Railroad Retirement.
Railroad Retirement: Enhancing Portability Would Raise Cost and Policy Concerns
1998
26 pages
Report
Keine Angabe
Englisch
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