Railroad Retirement Act
January 2023 Cost-of-Living Increase
| Tier I Benefit |
8.7% |
| Tier II Benefit |
2.8% |
2023 Maximum Taxable Railroad Earnings
| $160,200 |
| $118,800 |
| No Limit |
2023 Bend Points for Primary Insurance Amount Calculation
| 1st Bend Point |
$1,115 |
| 2nd Bend Point |
$6,721 |
2023 Bend Points for Family Maximum Calculation
| 1st Bend Point |
$1,425 |
| 2nd Bend Point |
$2,056 |
| 3rd Bend Point |
$2,682 |
2023 Retirement Earnings Test Exempt Amounts
Less than full retirement age in calendar year
| Monthly |
$1,770 |
| Annual |
$21,240 |
Full retirement age attained in calendar year, for months prior to such attainment
| Monthly |
$4,710 |
| Annual |
$56,520 |
2023 Monthly Amounts For Substantial Gainful Activity
| Blind Beneficiaries |
$2,460 |
| Non-Blind Disabled Beneficiaries |
$1,470 |
Railroad Unemployment Insurance Act
| 2023 Monthly Compensation Base |
$1,895.00 |
| 2023 Base Year Minimum Qualifying Compensation, and Other Items Equal to 2.5 Times the Monthly Compensation Base |
$4,737.50 |
| 2023 Base Year Maximum Monthly Compensation Considered For Maximum Benefit Calculation |
$2,448.00 |
Maximum Daily Benefit Rate for Benefit Year Beginning
| July 2023 |
$87 |
| July 2024 |
$94 |
Medicare