The Railroad Retirement Board will soon be sending BA-6 Forms to Railroad Employees. These forms give information for credits earned as well as infomation that you, as a Railroad Employee, has on file with the RRB.

It is important to check the BA-6 form for the accurancy. The ability to correct inacurte informaiton may not be available once shown for a period of about 4 years. If there is information on the form that needs correction, please contact the Railroad Retirement Board at (877) 772-5772.

The 2012 maximum tax base for Railroad Retirement is $110,100.00 for Tier 1 and $81,900.00 for Tier II. The tax rate for Tier I for employee is 4.2% and for employer is 6.2%. The tax rate for Tier II for employee is 3.9% and the employer rate is 12.1%. (There is no maximum on the Medicare Hospital Insurance earnings which has a 1.45% employee and employer tax rate.

The current RUIA daily benefit rate is $66.00 per day, 5 days per week.