Originally Posted by UPhiker
Originally Posted by taylorce1
Since railroad retirement bought themselves out of Social Security program years ago I don't pay in anymore.
Railroad Retirement predates Social Security. In fact, SS was modeled after the RRA.



Not all completely true, they were similar as SS was established in 1935 and the Railroad Retirement in 1936 was the foundation for my current Railroad Retirement. In 1951 the railroad separated themselves from SS and had to basically buy themselves out all the way back to 1937.

Yes, prior to 1936 some rail workers had pension plans depending on which railroad you worked for. However, you could also get fired at any time and lose that pension as well. So you were correcting when you said railroad retirements predates SS, however both were essentially created at the same time.