Report of Stock Options and Other Payments

Section 7(b) (6) of the Railroad Retirement Act (45 USC 231f(c)(2)) requires a financial interchange between the SSA, CMS, and the RRB trust funds. The collection obtains non-qualified stock options and ratification payments for railroad employees. The information is used to calculate the correct payroll taxes and benefits that would have been paid to place the OASIDI and CMS trust funds in the same condition they would have been had railroad employment been covered by the SS and FIC acts.

The latest form for Report of Stock Options and Other Payments expires 2023-12-31 and can be found here.