Retirement Benefits
About this Benefit...
As long as you meet BR&CF membership requirements you get one lump sum payment. Members are also eligible to receive this benefit when, through disability, they are required to sever their railroad employment. Claim history with the Organization does not affect your eligibility for this benefit.
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Continuous Beneficial Membership of ten years or more yields "retirement" benefits of:
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Age 55 years or more:
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10 years
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$500.00
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15 years
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$ 750.00
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20 years
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$1000.00
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25 years
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$1250.00
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30 years
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$1500.00
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35 years
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$1750.00
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40 years
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$2000.00
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"Retirement" benefit increases at the rate of $50.00 for each year after 10 years of continuous membership (payable after age 55).