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  1. Home
  2. ›The Books
  3. ›Agencies
  4. ›Railroad Retirement Board

The Books · Agencies · RRB

Railroad Retirement Board

Award obligations from USAspending, with detail archived for FFY 2024 · 1 sub-agencies.

The RRB's mission is to administer retirement/survivor and unemployment/sickness insurance benefit programs for railroad workers and their families under the Railroad Retirement Act and the Railroad Unemployment Insurance Act. These programs provide income protection during old age and in the event of disability, death or temporary unemployment and sickness. The RRB also administers aspects of the Medicare program and has administrative responsibilities under the Social Security Act and the Internal Revenue Code. In carrying out its mission, the RRB will pay benefits to the right people, in the right amounts, in a timely manner, and will take appropriate action to safeguard our customers' trust funds. The RRB will treat every person who comes into contact with the agency with courtesy and concern, and respond to all inquiries promptly, accurately and clearly.

Obligations · FFY 2024

$14.4B

Awarding agency RRB

Transactions

115,995

Award transactions in FFY 2024

Share of awards

0.29%

Of archived awarding-agency obligations in FFY 2024

MTS outlays

—

No matching MTS agency line

Obligations by year

Award obligations by fiscal year for Railroad Retirement Board
Fiscal yearObligations
FFY 2024$14.4B
FFY 2023$14.2B
FFY 2022$13.6B
FFY 2021$13.5B
FFY 2018$12.8B
FFY 2017$12.6B
FFY 2016$12.5B

Award categoriesFFY 2024

Obligations by award category for Railroad Retirement Board
CategoryAmount
Direct payments$14.4B
Contracts$34.2M
IDVs$1.5M

Top sub-agenciesFFY 2024

Top sub-agencies by obligations for Railroad Retirement Board
Sub-agencyCodeObligationsTransactions
Railroad Retirement BoardRRB$14.4B115,995

Sources

  • Obligations are legal commitments, not the same as Treasury outlays. See award obligations and outlays.
  • Official websiteUSAspending agency pageBudget justificationMethodologyAll awarding agencies