RAILROAD RETIREMENT BOARD: Additional Controls and Oversight of Financial Interchange Transfers Needed

reportActive / Technical Report | Accesssion Number: AD1169272 | Open PDF

Abstract:

Established in 1937, the Railroad Retirement Board (RRB) administers retirement and disability benefits for rail workers and their families. A financial interchange between RRB and the Social Security Administration (SSA) was created in 1951, which as GAO previously reported, helped finance RRB benefits as they increased over time to keep pace with growing Social Security benefits to individuals.

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DOCUMENT & CONTEXTUAL SUMMARY

Distribution Code:
A - Approved For Public Release
Distribution Statement: Public Release

RECORD

Collection: TRECMS
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