A bill to amend the Railroad Retirement Act of 1974 to eliminate the COLA offset provisions, and restore amounts offset under those provisions after January 1984.

referredUnited States· United States Congress· EN

Introduced

29 January 1986

Last action

—

Status

Referred to Subcommittee on Commerce, Transportation and Tourism.

Summary

Amends the Railroad Retirement Act of 1974 to reduce to 3.5 percent (currently, five percent) the portion of a railroad employee's annuity subject to reduction to offset cost-of-living increases under the Social Security Act. Applies such reduction to annuity adjustments made after January 1984. Directs the Railroad Retirement Board to readjust annuity amounts payable after January 1984 to comply with this Act.

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Documents

1 official file

Introduced in House
summary · EN · 29 January 1986
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/4071
Open data entity: https://api.congress.gov/v3/bill/99/hr/4071