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Railroad Retirement: Legislation in the 107th Congress

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Publication Date: January 2002

Publisher(s): Library of Congress. Congressional Research Service

Series: RS20797

Topic: Transportation (Railroads and trains)

Abstract:

The Railroad Retirement system provides retirement and disability benefits to more than 673,000 eligible railroad employees and their dependents. Both the 105th and 106th Congresses examined proposals to modify the current system. Legislation (H.R. 180, H.R. 1140, and S. 697) was introduced in the 107th Congress to effect broad changes to the current system. On July 31, 2001, H.R. 1140 was passed by the House of Representatives (384-33). Both the House of Representatives and the Senate passed H.R. 10 which incorporated H.R. 1140 as substitute text. On December 21, 2001, the legislation was signed into law by the President as Public Law 107-90. This report summarizes the provisions of the Railroad Retirement and Survivors' Improvement Act of 2001 (P.L. 107-90), and will not be updated.