How Much Will Railroad Retirement Increase In 2024. For example, monthly benefits for rrb’s 2022 fiscal year averaged $1,434.19 more for retired rail employees and $2,244.19 more for career railroad employees than. This follows an 8.7 percent increase in the tier i portion and a 2.8 percent increase in the tier ii portion of railroad retirement annuities in january 2023.
In the case of railroad benefits, if your rail career came. This will be effective from 8 april 2024.