Hear ye, hear ye, all Railroad Retirement annuitants.
Tier I will go up .03% (that's three tenths of one percent); Tier II by .01%.
But guess what; Medicare Part B is also going up - .03% to a max of $134/mo.
Some who just retired and to whom Tier II represents a greater portion of their monthly annuity than those who did so a while back could be looking at a monthly decrease.
Happy New Year from your friendly Railroad Retirement Board.
Tier I will go up .03% (that's three tenths of one percent); Tier II by .01%.
But guess what; Medicare Part B is also going up - .03% to a max of $134/mo.
Some who just retired and to whom Tier II represents a greater portion of their monthly annuity than those who did so a while back could be looking at a monthly decrease.
Happy New Year from your friendly Railroad Retirement Board.