Please let me know
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You will get full tier 1 at 67 and a partial tier 2 it's a formula based on how much you paid in and years of service. 5 years and your vested. That is what the rrb told me Everytime I called.
or just call UP HR they are very knowledgeable.
I suggest you not ask the phuktards on this site and call the RRB. Good luck.
Railroad tier 1 is the same as social security. So if you go to a non rail company that switches back. Tier 2 as long as you have 5 years or more will always be there When you retire.
The corporate pension pre 2018 will pay out depending on the time you have as job agreement. You will receive a statement from UP stating what the monthly payout will be at retirement age.
The entire point of layoffs is to reduce and offset labor and pension costs.
Vested at 5 years, from what I understand, at that point no matter where you are working when ready to retire, visit the Railroad retirement board instead of the social security office.
No, bad news is you have to pay back the time your furlough with actual work time ( 1-furlough year, pay back- 1 full work year)
From my understanding, if you have 5 or more years you will receive your tier 1 retirement benefits, however your tier 2 will be terminated.
You have to be there five years