The Railroad Retirement Fairness Act of 2026 amends the Railroad Retirement Act of 1974 to remove certain deductions that reduce annuity payments for retired railroad workers. Specifically, the bill eliminates subdivision (6) of Section 2(f), which currently requires certain deductions from railroad retirement annuities. This change would affect current and future recipients of railroad retirement benefits, increasing their monthly annuity payments by eliminating these mandatory deductions. The bill does not specify a funding amount or implementation timeline beyond its enactment. The legislation was introduced in April 2026 with bipartisan support and was referred to the Senate Committee on Health, Education, Labor, and Pensions.
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