Railroad Retirement Board

From Conservapedia - Reading time: 1 min

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The Railroad Retirement Board is a Federal agency intended to provide monetary benefits to railroad workers. It was established in the 1930s, as a social insurance and welfare program, as part of Franklin Roosevelt's socialist New Deal. Railroad employees do not pay into and do not receive benefits from Social Security, instead, railroad corporations pay into a fund which the RRB administers.

Probable Abuse[edit]

After news broke that over 90% of Long Island Rail Road employees were collecting disability payments, the Long Island Rail Road president, Helena Williams, began investigating the agency responsible for making payments. Upon trying to attend a meeting of the RRB, she found out that they had not met in two years. The board grants nearly all applications for disability, around 98%, though this does not imply that 98% of retired employees collect disability benefits.^[1] Many other allegations of corruption have been aimed at the RRB, as it has no real oversight (the three board members are Presidential appointees).

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