March 29,
Republicans in the U.S. House of
Representatives on a party line vote
adopted the so-called Ryan Budget
over the opposition of House
Democrats.
One of the Budget’s
provisions states that railroad
retirement benefits “are more
generous than Social Security in
many ways.” The Budget goes on to
call for legislation to conform
railroad retirement Tier 1 benefits
“so that its benefits would equal
those of Social Security, with an
estimated savings to taxpayers of $2
billion over 10 years.”
There are
two things to know about this
budget.
First,
it has no chance of being
adopted as legislation this
year. Why? Because the
Democratic Senate will not even
take it up for consideration,
and President Obama wouldn’t
sign it even if Congress passed
it.
Second,
if the Republicans succeed in
November in winning the White
House and Senate, railroad
retirement, as we know it, may
not survive.
The Ryan Budget is
enthusiastically supported by Mitt
Romney and almost all of the current
Congressional Republicans. Even
though the above quoted Budget
language reflects a fundamental
misunderstanding about how railroad
retirement is funded, there is no
doubt as to its intent: to eliminate
occupational disability and 60/30
retirement, as those are the two
chief benefits that exceed Social
Security benefits.
As railroad workers
and retirees, we understand that
those benefits are completely funded
by the taxes we and railroad
employers pay. But that doesn’t
matter to the Republican majorities
who voted for this. All they see is
a chance to target yet another group
of workers in the name of budget
austerity. Why let facts stand in
the way?
From the moment the
budget hit the floor, TCU, IAM and
the other rail unions mobilized to
defeat it. The railroads have also
stood up in opposition. Every House
Democrat voted against it. But all
but 10 Republicans voted for it.
As a budget
resolution, it carries no statutory
weight unless adopted by the Senate
and signed by President Obama,
neither of which will happen. In
fact, legislation would first have
to be drafted and then passed by the
House to specifically implement the
recommended changes, and even that
appears extremely unlikely to occur
during this session of Congress.
But make no mistake
about it. If the Republicans win the
White House and Senate, they have
now gone on record that one of their
priorities will be to dismantle
railroad retirement and reduce its
benefits to those of social
security. If you are a railroad
worker or retiree and care about
your retirement security, this
election will be the most important
ever.
Register to vote now, and on
election day vote as if your
retirement security depended on it.
Because it will! A vote for the
wrong representatives or party is a
vote to reduce your retirement.
Click here to read a
related statement from the
Association of American Railroad.