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The Railroad Retirement Board (RRB) is an independent agency in the executive branch of the Federal Government. The RRBs primary function is to administer comprehensive retirement-survivor and unemployment-sickness benefit programs for the nations railroad workers and their families, under the Railroad Retirement and Railroad Unemployment Insurance Acts. As part of the retirement program, the RRB also has administrative responsibilities under the Social Security Act for certain benefit payments and railroad workers Medicare coverage. The RRB was created in the 1930s by legislation establishing a retirement benefit program for the nations railroad workers. The railroad industry had pioneered private industrial pension plans, with the first industrial pension plan in North America established by a railroad in 1874. By the 1930s, railroad pension plans were far more developed than in most other businesses or industries, but these plans had serious defects which the Great Depression magnified. A three-member Board appointed by the President of the United States, with the advice and consent of the Senate, leads the RRB. The President appoints one member upon the recommendation of railroad employers, another upon the recommendation of railroad labor organizations and the third, who is the Chairman, to represent the public interest. The Board Members terms of office are 5 years and expire in different years. The President also appoints an Inspector General for the RRB.
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Elk Grove is a young, modern city on the move. With a growing population of 168,000, Elk Grove is the second largest city in the Greater Sacramento region, California’s fifth largest metro area. The City’s business climate, existing and planned projects, customer base, amenities, and overall quality of life make Elk Grove THE place to put your business on the map. According to a recent survey conducted by WalletHub, Elk Grove has been ranked as the fastest growing city in California and the 11th fastest growing city in the country. At the City of Elk Grove, our top priority is your business success. Our dedicated staff of professionals is committed to providing you personalized business retention, expansion, and attraction services so your business can realize its startup, scaleup, or relocation goals. From site selection to certificate of occupancy, and everything in between, we’re ready to help, because when you succeed, we succeed. To encourage the development of new businesses and the expansion of existing businesses, the City of Elk Grove provides several incentive programs. We established these programs to enhance the City’s competitiveness in attracting and facilitating the growth of businesses, in order to help put Elk Grove on the map as a location of choice in Northern California. Our economic development team can provide you with tools and resources to put your business on the map here in Elk Grove.