Search Results for agency_names:"Railroad Retirement Board"

The Railroad Retirement Board (RRB) is seeking public comments on their proposed changes to several forms related to the collection of information on annuities for employees, survivors, and individuals with disabilities under the Railroad Retirement Act. These changes include updates to the instructions and questions on the forms, aimed at improving clarity and ensuring the information accurately reflects the applicants' current situations, such as daily activities and work history. The RRB encourages feedback on the practical use of these forms and ways to reduce the paperwork burden on respondents. Comments should be sent to the Board or the Office of Management and Budget (OMB) within 30 days of the notice's publication.

The Railroad Retirement Board has announced updates to the fines for civil penalties to adjust for inflation, as mandated by a law from 2015. These adjustments are based on a calculation that compares changes in the Consumer Price Index (CPI-U) over the past year. For 2021, this resulted in an approximate 1.01% increase in penalties, which means certain fines under acts like the Program Fraud Civil Remedies Act and the False Claims Act have increased slightly. These changes take effect from January 11, 2021.

The Railroad Retirement Board announced the 2025 annual adjustments to civil monetary penalties due to inflation, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The adjustments are based on the Consumer Price Index (CPI-U) increase of 1.02598% from October 2023 to October 2024. As a result, the maximum penalty under the Program Fraud Civil Remedies Act is now $14,308, while the penalties under the False Claims Act range from $14,308 to $28,618. These changes take effect on January 13, 2025.