Employees with 10-29 Years' Service

• Reduced tier I and tier II annuities payable at 62
  • Age reduction varies from 20% to 30%, depending on the year of birth
     
• Full tier I and tier II annuities payable at full retirement age
  • 65-67, depending on the year of birth

Notes:

• For employees with less than 30 years of service, increased age reductions affect both tier I and tier II. However, for those employees who had any railroad service before August 12, 1983, the maximum tier II reduction remains 20% and the full retirement age remains 65 for tier II purposes.
• Regardless of the amount of railroad service, in most instances an employee who has reached full retirement age and is still working for a railroad should file for social security benefits if eligible. Social security will pay full benefits as work restrictions no longer apply. Check with your local Board field office to confirm advantage of filing.