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Daily Benefit Rate

 

 

 
  1. Home
  2. Sickness Benefits for Railroad Employees
  3. Amount and Duration of Benefits
  4. Daily Benefit Rate
 
 

Topics

  • Introduction
  • Qualification Requirements
  • Amount and Duration of Benefits
    • Waiting Period
    • Normal Benefits
    • Extended Benefits
    • Accelerated Benefits
    • Daily Benefit Rate
    • Number of Days of Sickness
    • Tier I Tax Deductions
  • Eligibility Requirements
  • Medical Statements
  • Sick Pay and Supplemental Sickness Benefits
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  • Benefit Reductions
  • Personal Injury Settlements
  • Reconsideration and Waiver
  • When Sickness Benefits are Taxable
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  • Important Reminders
Daily Benefit Rate

 

Your daily benefit rate is 60 percent of the daily rate of pay for your last job in the base year, but not less than $12.70 a day or more than 5 percent 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 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 benefits 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.

 

‹ Accelerated Benefits | Up | Number of Days of Sickness ›

 

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U.S. Railroad Retirement Board
William O. Lipinski Federal Building
844 North Rush Street
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Last updated: 04/13/2017