Railroad Retirement legislation reintroduced as H.R. 1140
CLEVELAND, March 21 -- At a press conference today in Washington, D.C., members of the House Committee on Transportation & Infrastructure introduced H.R. 1140 as the new bill number for the Railroad Retirement and Survivors' Improvement Act of 2001.
H.R. 1140 replaces last year's H.R. 4844, and contains all the benefit improvements originally agreed to by rail management and labor -- long-needed improvements in the surviving spouse benefit, full retirement annuity at age 60 with 30 years of service, elimination of artificial caps on benefits, vesting after five years instead of 10, and provisions that require the carriers to insure future fund solvency with future tax increases if necessary.
The bipartisan leadership of the House Transportation & Infrastructure Committee who reintroduced the legislation today include Committee Chairman Don Young (R-AK); ranking member James Oberstar (D-MN); Jack Quinn (R-NY), chairman of the Subcommittee on Railroads; and ranking member Bob Clement (D-TN).
BLE members are encouraged to contact their member of Congress and ask that they co-sponsor H.R. 1140, the Railroad Retirement and Survivors' Improvement Act of 2001. Correspondence should be addressed to:
© 2001 Brotherhood of Locomotive Engineers