Railroad Retirement Board: Status of Amounts Transferred Pursuant to Section 401 of the Railroad Retirement Solvency Act of 1983, B-287158, October 10, 2002
B-287158, Oct 10, 2002
The attendant "windfalls" were benefits in excess of what the individuals would have received had they worked exclusively within one system. Payments authorized under section 401 of the Railroad Retirement Solvency Act of 1983 were intended to recompense the railroad retirement system for having covered the appropriation shortfall in paying the windfall benefits between 1974 and 1981. " were to be repaid only to the extent that funds were appropriated for that purpose. Since it was not intended that the Railroad Retirement Board repay the transferred amounts from its accounts. It is not under any legal obligation regarding these funds absent an appropriation for such purpose. " would be "repaid to the general fund to the extent sums are appropriated for the purpose." 45 U.S.C.