H.R. 8405: Railroad Retirement Fairness Act
This bill, titled the Railroad Retirement Fairness Act, aims to make changes to the Railroad Retirement Act of 1974. Specifically, the bill seeks to eliminate certain deductions that currently apply to annuities provided under that Act.
Key Provisions
- The bill proposes the removal of subdivision (6) from Section 2(f) of the Railroad Retirement Act.
- By eliminating this subdivision, the bill intends to adjust how annuities for railroad workers are calculated and distributed.
- The adjustments could potentially lead to increased benefits for some individuals receiving these annuities.
Impact on Railroad Workers
The changes proposed by this legislation may directly affect individuals who are retired from railroad jobs and currently receive annuity payments based on the Railroad Retirement Act. By removing certain deductions, these retirees could see an increase in their monthly annuity payments. This amendment seeks to provide greater fairness in the treatment of annuities and may help address disparities caused by the current deductions.
Legislative Process
The bill was introduced in the House of Representatives on April 21, 2026, by Mr. Deluzio and is co-sponsored by Mr. Nehls. It has been referred to the Committee on Transportation and Infrastructure for further consideration.
Relevant Companies
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Sponsors
3 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| Apr. 21, 2026 | Introduced in House |
| Apr. 21, 2026 | Referred to the House Committee on Transportation and Infrastructure. |
Corporate Lobbying
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