Railroad Retirement Act
Under the Railroad Retirement Act, retirement and disability annuities are paid to railroad workers with at least 10 years of service. Such annuities are also payable to workers with 5 years of service if performed after 1995.
Read more about this topic: Railroad Retirement Board
Famous quotes containing the words railroad, retirement and/or act:
“This I saw when waking late,
Going by at a railroad rate,
Looking through wreaths of engine smoke
Far into the lives of other folk.”
—Robert Frost (1874–1963)
“Douglas. Now remains a sweet reversion—
We may boldly spend, upon the hope
Of what is to come in.
A comfort of retirement lives in this.
Hotspur. A rendezvous, a home to fly unto.”
—William Shakespeare (1564–1616)
“Every act of conscious learning requires the willingness to suffer an injury to one’s self-esteem. That is why young children, before they are aware of their own self-importance, learn so easily; and why older persons, especially if vain or important, cannot learn at all.”
—Thomas Szasz (b. 1920)