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Letters to Falcon

Railroad Retirement Fund Correction

Falcon,

The letter in reference to the Railroad Retirement System stated that the fund was entirely funded  by employees. According to the government website (link provided) employers are required to match contributions just like social security.

http://www.ssa.gov/policy/docs/ssb/v68n2/v68n2p41.html

Railroad employees should be nervous. The more broke our government gets the more likely  their fund will be filled will with IOUs just like Social Security. I pray that doesn’t happen.

-Taxpayers pay again