Implementation schedule, H.R. 10

Widow(er)'s Benefits
Effective date: February 1, 2002
Implementation Dates:
January 2002 -- letters to all widows advising whether increase payable or not.
April 2002 -- Rate notices sent to widow(er)'s who will receive increase.
April 2002 -- Payments issued for increase due for February and March.
May 1, 2002 -- Regular payment increased.
 
60/30 Annuities
Effective date: January 1, 2002
Implementation Dates:
Upon enactment -- employees and spouses may begin to file applications.
February 2002 -- Payments will be made at a temporary rate
June 2002 -- Final annuity rates computed and payments issued for any accrued amounts due.
July 1, 2002 Monthly payments made at final rate.
 
Five-Year Vesting Requirement
Effective date: January 1, 2002
Implementation Dates:
Upon enactment -- Applicants may begin to file applications.
February 2002 -- Payment will be made at a temporary rate.
November -- Monthly payments made at final rate.
 
Repeal of Railroad Retirement Maximum
Effective date: January 1, 2002
Implementation Dates:
January 2002 -- Letters will be sent to affected annuitants advising that the reduction was repealed.
May 2002 -- Rate notices released to affected annuitants.
May 2002 -- Separate payment for the increase due is issued.
June 1, 2002 -- Monthly payments made at increased rate.
 

2002 Brotherhood of Locomotive Engineers