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So... I'm getting an offer
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<blockquote data-quote="OLDMAN3" data-source="post: 1793588"><p>Make an informed decision.</p><p>Railroad pension information...</p><p></p><p><a href="http://www.ssa.gov/policy/docs/ssb/v68n2/v68n2p41.html" target="_blank">http://www.ssa.gov/policy/docs/ssb/v68n2/v68n2p41.html</a></p><p><span style="font-size: 15px"><strong>The Future Funding Outlook</strong></span></p><p>According to RRB reports to Congress, the financial outlook for RRB remains stable for the next 25 years. However, the decline in railroad employment is a potential concern. The number of individuals in RRB-covered employment fell from 640,000 in 1970 to 236,000 in 2007, a shift that presents a sizable demographic obstacle for a pay-as-you-go system. The current beneficiary-to-worker ratio for those covered under the Railroad Retirement Act is about 2.4 to 1. However, between 2000 and 2007, railroad employment has held fairly constant in the low- to mid-two hundred thousands (RRB 2008c).</p><p></p><p>Current projections make it reasonable to expect that RRB will remain solvent, at least in the near term. Nevertheless, RRB notes "u<u>nder the current financing structure, actual levels of railroad employment and investment returns over the coming years will largely determine whether corrective action is necessary" (RRB 2008c).</u></p></blockquote><p></p>
[QUOTE="OLDMAN3, post: 1793588"] Make an informed decision. Railroad pension information... [URL]http://www.ssa.gov/policy/docs/ssb/v68n2/v68n2p41.html[/URL] [SIZE=4][B]The Future Funding Outlook[/B][/SIZE] According to RRB reports to Congress, the financial outlook for RRB remains stable for the next 25 years. However, the decline in railroad employment is a potential concern. The number of individuals in RRB-covered employment fell from 640,000 in 1970 to 236,000 in 2007, a shift that presents a sizable demographic obstacle for a pay-as-you-go system. The current beneficiary-to-worker ratio for those covered under the Railroad Retirement Act is about 2.4 to 1. However, between 2000 and 2007, railroad employment has held fairly constant in the low- to mid-two hundred thousands (RRB 2008c). Current projections make it reasonable to expect that RRB will remain solvent, at least in the near term. Nevertheless, RRB notes "u[U]nder the current financing structure, actual levels of railroad employment and investment returns over the coming years will largely determine whether corrective action is necessary" (RRB 2008c).[/U] [/QUOTE]
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