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Funding Limit for Railroad Retirement Board in 2024

This bill aims to limit the available funds for the Railroad Retirement Board, specifically for the Dual Benefits Payments Account, to $11 million for fiscal year 2024. This means less money will be available for certain railroad retiree benefits, potentially impacting their personal finances.
Key points
The bill limits funds for the Railroad Retirement Board to $11 million for 2024.
This could affect the amount or availability of certain retirement benefits for railroad workers.
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Additional Information
To provide for a limitation on availability of funds for Related Agencies, Railroad Retirement Board, Dual Benefits Payments Account for fiscal year 2024.
Print number: HR 2046
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29