Don't put your Railroad Retirement at risk!

Don’t Put Your Railroad Retirement at Risk
Take Charge: Decide What’s Right For You!
Cut through all the rhetoric. Get to the Real Facts.

Here are the facts about the BMWE 55/30 Retirement Plan.

Brotherhood of Maintenance of Way Employees wants 55/30 in the next contract at any cost. In fact, BMWE says 55/30 is their main issue -- and they will give up all pay raises to get it!

Railroad Retirement Board says that without a tax increase 55/30 will bankrupt your retirement system.

BMWE says that’s OKAY as long as they get in the next contract for 55/30.

Railroad Retirement Board says that railroad employees would see big increases in their retirement taxes, and that only 10% of all railroad employees age 55 would benefit by 55/30.

BMWE says that it’s okay for employees to pay more retirement tax as long as they get 55/30.

Railroad Retirement Board says that maximum monthly retirement benefit in 55/30 would be less than 50% of that in a 60/30 retirement.

BMWE says that’s OKAY … and it’s also OKAY not to fix the Widow’s Benefit.

All other rail unions say, NO WAY.

Here’s what we want:

Lower retirement age to at least 60/30 without raising taxes.

Annual pay raises over the life of the contract.

No out-of-pocket increase in railroad retirement tax.

Fix the Widow’s Benefit to bring fairness and equity to those in need.

Keep Railroad Retirement solvent and out of bankruptcy.

What plan sounds better to you? The BMWE Plan? Or what other rail unions want?
Let your union leaders know what your think. It’s your retirement that’s at stake.

Prepared by The Coalition for a Better Railroad Retirement