Railroad Retirement Act replaces Social Security for railroad employees,
providing payment of retirement, disability and survivor benefits.
Monthly benefits are payable to surviving widows, children, and certain
other dependents at the time of death of a covered railroad employee.
The Railroad Unemployment Insurance Act also provides unemployment and
sickness benefits for railroad employees, replacing unemployment
The Railroad Retirement Trust Fund is valued at approximately $18
billion. Currently 818,000 railroad retirees and heirs receive benefits.
Records date back to 1937. Five percent of railroad employee addresses
on file are not current, because workers or family members have not made
the proper notification.
In addition, survivors of retired railroad employees who died between
1964 and 2001 may be entitled to receive a $2,000.00 life insurance
benefit under a group life insurance policy issued to the Health and
Welfare Plan of the Nationís Railroads and the Railway Labor
The Railroad Retirement Board makes no routine effort to locate
surviving family members or lost employees with railroad service who
have not filed for benefits, and railroad retirement benefits are
payable only after an application has been filed. Because the funds are
held by an agency of the U.S. Federal government, unclaimed benefits are
not remitted to state unclaimed property administrators.
For a search of the unclaimed railroad life insurance benefit database
and claims information on railroad employee retirement benefits,
complete the form below.