Progress Through Unity

Archives for June 2017

Railmen For Children Bike Run

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Retroactive payment information

Retroactive payments for SMART-TD Members will be included with the August 3, 2017 pay period

For employees who desire to have a larger or smaller amount of their back pay deposited into the 457 account you must contact Great West Retirement by logging on to www.25gonjt.com  or by calling 800-25-GONJT and making change by July 15, 2017. Please note all pay periods in the month of August will be subject to the requested percentage withdrawals.

You must make changes by August 15, 2017 to revert back or change percentages of contribution for the month of September

Employees over 50 who are eligible for 457 catch up would need to contact Great West Retirement by logging on to www.25gonjt.com  or by calling 800-25-GONJT and making change by July 15, 2017. The IRS maximum is $6,000.00 and would be fulfilled by the retroactive amount or would be partially fulfilled and subsequent pay would be subtracted till max is reached. Contact GWR for more information

Please remember retroactive payments are subject to the IRS federal supplemental tax rate of 25%

Retroactive Pay Part #2 – 8/3/17

I have been successful in my talks with the Carrier regarding the second half of our retroactive pay. We will receive our payment on August 3, 2017. All of the other Coalition Unions will also receive their checks on the same date. The Carrier will be sending out a letter soon informing you of specific dates, if you are choosing  to change your deductions for this retro check period. Thank you for your patience while I straightened out the logistics of this matter.

Stephen J. Burkert

General Chairman

General Chairman’s Report June 2017

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C3RS Newsletter

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