Tier 1 Component Age Reduction
Your employee annuity Tier 1 component age reduction depends on your total years of railroad service.
- You have 60-119 Months of Railroad Service with at Least 60 Months of Railroad Service After 1995 - Your Tier 1 is reduced by 1/180 for the first 36 months you are under FRA and by 1/240 for each additional month you are under FRA on your RRA annuity beginning date (ABD), or if earlier, your social security benefit date of entitlement.
- You have 120-359 Months of Railroad Service - Your Tier 1 is reduced by 1/180 for the first 36 months you are under FRA and by 1/240 for each additional month you are under FRA on your annuity beginning date.
Tier 2 Component Age Reduction
Your employee annuity Tier 2 component age reduction depends on whether or not you have railroad service before August 12, 1983.
- You Began Your Railroad Service Before August 12, 1983 - Your Tier 2 is reduced by 1/180 for each month you are under age 65 on your annuity beginning date.
- You Began Your Railroad Service After August 11, 1983 - Your Tier 2 is reduced by 1/180 for each of the first 36 months you are under FRA and 1/240 for each additional month you are under FRA on your annuity beginning date.
Note: If you receive a disability annuity based on 60-119 months of railroad service with at least 60 months of railroad service after 1995, your Tier 2 component is not payable until the first full month you are age 62. Then it will be reduced in the same manner as a Tier 2 component for an age and service employee.