Loading…
S. 4965119th Congress
Official title: Railroad Retirement Board Stability Act of 2026
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill restructures how the Railroad Retirement Board funds its administration and adds fixed tech-upgrade money through 2031.
40-second read · 5 questions answered below
The bill creates a single Railroad Retirement Board Administrative Account, pooling transfers from three existing funds, with annual caps tied to benefit payouts or trust fund size. It also establishes a Technology Fund with guaranteed annual funding from 2027 through 2031 to modernize claims-processing computer systems, plus flexibility for unexpected cost increases.
The Railroad Retirement Board, an agency serving railroad workers and retirees, is directly affected; railroads, unions, and retirees will be consulted in a required GAO study.
The changes aim to stabilize the agency's administrative funding and prevent unlimited shifting of money away from benefit funds, while addressing long-outdated computer systems.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.