A bill to ensure that certain Railroad Retirement benefits paid out of the Dual Benefits Payments Account are not reduced, and for other purposes.

Summary

States that the payment of certain annuities under the Railroad Retirement Act of 1974 and the appropriation of funds to the Dual Benefits Payments Account shall: (1) be considered a mandatory Federal obligation (rather than a discretionary activity); (2) not be subject to sequestration or reduction under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act); and (3) have the same status for Federal budgetary and accounting purposes as benefits paid under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act (thus ensuring that certain railroad retirement benefits paid out of the Dual Benefits Payments Account are not reduced). Appropriates funds to the Dual Benefits Payments Account for FY 1988.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 23 February 1988

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.