Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Summary
The legislation removes subdivision (6) of Section 2(f) of the Railroad Retirement Act of 1974, which currently permits certain deductions from annuity benefits. It would affect railroad workers and retirees who receive these annuities, potentially increasing the amount they receive. The change is presented as a way to make the railroad retirement system more equitable.
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