Railroad Unemployment Insurance Act Law and Legal Definition
The Railroad Unemployment Insurance Act (“Act”) is a federal legislation providing benefits for qualified railway employees. The Act is codified at 45 USCS § 358. The Act authorizes the Railroad Retirement Board (Board) to conduct proceedings and to make findings and decisions with respect to any claim or right to benefits of railway employees. The Act authorizes the Board to collect contributions due from railway companies.
The Act also provides benefits to any employee with respect to unemployment or sickness in any registration period. The Act also determines that remuneration is payable to a railway employee with respect to any period which includes days in such registration period which had been determined to be days of unemployment or sickness. [Chicago & N. W. R. Co. v. United States, 197 Ct. Cl. 72, 75 (Ct. Cl. 1972)].