Railroad Retirement Board Stability Act of 2026

Key Points

• The bill creates a new Railroad Retirement Board Administrative Account so the agency can pool money for day-to-day operations instead of relying on separate accounts.
• Within that account, a special Technology Fund is set up just to pay for replacing the Board's outdated computer systems that process retirement and unemployment benefits.
• The Board can only move a limited amount of money into these accounts each year, capped as a percentage of total benefits paid or trust fund assets, so the plan does not open the door to unlimited spending.
• Technology funding starts at $10 million in fiscal year 2027 and rises to $20 million a year from 2028 through 2031, aimed at finishing the computer system overhaul by 2032.
• The Government Accountability Office must study and report on how the Board should modernize its systems, drawing lessons from other federal agencies and consulting railroads, unions, and retirees.