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AESOP Overview
Our Annuity Estimates Operation, commonly referred to as "AESOP", provides
employers with annually updated annuity estimates for their employees who meet
the minimum service requirements for annuities under the Railroad Retirement
Act. The estimates are based on the employees’ cumulative railroad service and
compensation through the previous calendar year and assume current year
eligibility for an annuity. The estimates exclude creditable military service
and are based on the date of birth shown on Form
BA-6
 ,
Certificate of Service Months and Compensation. If the employee's actual date of
birth differs from the date shown on Form BA-6, the annuity estimate may be
inaccurate.
Purpose
AESOP is intended for those employers that need RRB annuity estimate
information to administer their private pension plans or for other actuarial or
budgetary planning purposes. AESOP information should be kept private and secure
and be used only for authorized purposes.
Annual Estimate
Reports
The annual estimates are released in a report format in early August. The
reports are available on paper listings, floppy disks or CD-Rom. They are sent
to the person designated by the employer as the "AESOP" contact official on
Form G-117a
,
Designation of Contact Official.
Requesting an
AESOP Report
Employer participation in this operation is voluntary. Employers who wish to
receive an "AESOP" report should direct their request in writing to the Chief of
Compensation and Employer Services. Requests received by June 1 will be included
in the current year's estimate operation. Requests received after June 1 will be
held until the following year.
Individual
Employee Estimates
Individual annuity estimates are always available to employees through the
local field offices of the Railroad Retirement Board. The field offices use the
Railroad Estimated Annuity Program (REAP) that can accurately provide estimates
for individual cases. Please do not refer individuals to the Chief of
Compensation and Employer Services or the Quality Reporting Service Center for
annuity estimates.
Employees can also acquire an estimate
here.
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