The National Association of Retired and Veteran Railway Employees, Inc. will present a program about pensions in North Platte on Oct. 10. The 10 a.m. meeting will be held at Holiday Inn Express 300 Holiday Frontage Rd. No charge to participate. Information will be presented to railroad industry workers and retirees about pension benefits under the Railroad Retirement Act.
Pension benefits under the Railroad Retirement Act differ from benefits paid under Social Security, a fact not generally known by the non-railroad public.
Approximately 10,782 railroad retirees live in the Third Congressional District of Nebraska -- the largest concentration of retirees in a congressional district in the nation. There are 25,843 retirees in Nebraska.
August “Whitey” Westphal, Past National President of the organization is in charge of the program
Westphal is from North Ridgeville, Ohio.
Also appearing will be NARVRE Area 6 Director Roger Barr of Topeka, Kan.
Terry E. Sigler of North Platte will also participate. They will outline the solvency of the pension program for railroad retirees and the rights of annuitants under the Railroad Retirement Act.
Recent developments in the Congress affecting Railroad Retirees will be outlined. NARVRE believes an informed railroad retiree is an important asset to the community and information is vital to keeping your pension safe.
Previously, the pension for the surviving spouse was reduced drastically when a married retiree passed away. NARVRE has worked with management and labor to provide funding for an amendment to the act to allow the survivor to receive no less that what the retiree was receiving in the month prior to his/her death – as is the case under Social Security.
NARVRE was founded more than 76 years ago to protect the rights of railroad retirees as granted by the Railroad Retirement Act of 1937.
Since that time, NARVRE has fought numerous battles against encroachment and the dismantling of our railroad retirement system, organizers said.
NARVRE is a federally chartered railroad retiree organization with the sole purpose of protection, promotion and preservation of the railroad retirement pension system.
Pick up materials will be furnished.
Widows and widowers are welcome to attend.