The National Railroad Retirement Investment Trust is valued at $26 billion. Currently 589,000 railroad retirees and heirs receive benefits. The average annuity paid to career rail employees is $3,525 per month.
Records date back to 1937. Five percent of railroad employee addresses on file are not current, because workers or family members have not made the proper notification.
In addition, survivors of retired railroad employees who died between 1964 and 2001 may be entitled to receive a $2,000.00 life insurance benefit under a group life insurance policy.
The Railroad Retirement Board makes no routine effort to locate surviving family members or lost employees with railroad service who have not filed for benefits, so it is important to submit a claim if entitled.
For a search of the unclaimed railroad life insurance benefit database and to obtain claims information on railroad employee retirement benefits, complete the form below.