DEATH BENEFITS

THERE ARE DEATH BENEFITS AVAILABLE TO YOU.

IF WORKING - $20,000.

AD & D - $16,000.

IF RETIRED - $2,000.

CONTACT MET LIFE INSURANCE @ 1-800-310-7770, OPTION 1 FOR DEATH & OPTION 2 FOR BENIFICARY INFORMATION.

YOU WILL NEED SOCIAL SECURITY #, DATE OF BIRTH, DATE OF DEATH, RAILROAD NAME, JOB TITLE, NAME OF UNION.

Active and retired railroad employees covered under The Railroad Employees’ National Health and Welfare Plan may be eligible for Life and Accidental Death and Dismemberment (AD&D) benefits from MetLife.

For eligible active employees covered by the above policy, the death benefit is $20,000, and there may be an additional AD&D benefit that could pay up to $16,000, should circumstances permit. For eligible retired employees, the death benefit is $2,000.

Most employees filled out a designated beneficiary form when they began work for a participating railroad and MetLife urges employees and retirees to keep this form with their other important papers.

If you need to update your beneficiary form, or if there is doubt as to whom you designated, it is recommended that you complete a new form and send it to MetLife. A beneficiary form, as well as a copy of the full summary plan description book, can be found at www.yourtracktohealth.com.

 

RAILROAD RETIREMENT BOARD

Definition Of A Lump-Sum Death Payment -  Railroad Retirement Board

A lump-sum death payment is meant to help defray the costs of the employee's burial expenses. It can only be paid to a widow(er) who was living with the employee when he or she died or to the person who paid all or part of the employee's burial expenses. The lump-sum death payment cannot be paid if anyone is eligible for monthly survivor benefits in the month of the employee's death. A lump-sum death payment is not taxable for Federal income tax purposes.
There are two different types of lump-sum death payments.
  • A 1937 Act Lump-Sum Death Payment is payable if the employee was employed for at least 120 month in the railroad industry prior to January 1, 1975. This benefit is based on the employee's earnings and ranges between $180.00 and $1400.00.
  • A 1981 Amendment Lump-Sum Death Payment is payable if the employee did not have 120 months of service in the railroad industry before January 1, 1975. This benefit is limited to $255.00.