Federal Register #2026-10078

Railroad Retirement Board Amends Annuity Regulations for Employees with 30 Years of Service

This notice from the Railroad Retirement Board announces a regulatory amendment affecting annuity eligibility for railroad employees. - Government Buyer: - Railroad Retirement Board (federal agency) - No OEMs or vendors are mentioned; this is not a procurement action - No products or services are requested - Key Regulatory Change: - Removes the requirement for claimants to accept a reduced monthly benefit to begin their annuity at age 60 with 30 years of railroad service - Aligns regulations with statutory law, allowing eligible employees to receive an unreduced annuity at age 60 - The update is specific to annuity beginning and ending dates under 20 CFR Part 218 - No procurement, goods, or services are involved; the change only affects individual annuity applicants

Description

The Railroad Retirement Board amends its regulations to remove limitations on the beginning date of an employee annuity under the Railroad Retirement Act based on attaining age 60 with 30 years of railroad service. The current regulation requires a claimant to accept a reduced monthly benefit to begin the annuity on the first day of the first full month in which the claimant attains age 60. This requirement is no longer consistent with the statutory criteria in the Railroad Retirement Act for the earliest annuity beginning date permitted by law and is therefore facially unlawful. The amendment aligns the regulation with the statutory law by removing the requirement for a reduced benefit to start the annuity at age 60 with 30 years of service.

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