Your daily benefit rate is 60 % of the daily rate of pay for your last job in the base year, but not less than $12.70 a day nor more than 5% of the monthly compensation base.
For example, the monthly compensation base for 2011 is $1,330.00, which results in a maximum daily benefit rate of $66.00 for periods beginning after June 30, 2012. The maximum daily benefit rate is subject to increases under indexing rules reflecting the growth in average national wages. Contact your local RRB field office if you need information about the maximum benefit rates for other periods.
Your daily rate of pay is your straight-time rate of pay including any cost-of-living allowances, but not including overtime or other extra pay.
For mileage employees in train and engine service, the straight-time rate is the rate of pay for the number of miles in a basic workday, depending on occupation and class of service. Earnings for miles run over the number of miles in a basic workday do not count.