Railroad Retirement Solvency Act of 1983

[AI summary unavailable — showing source text] Railroad Retirement Solvency Act of 1983 - Title I: Benefit Adjustments - Amends the Railroad Retirement Act of 1974 to make certain disabled railroad employees eligible for disability insurance benefits under the Social Security Act. Sets forth formulas for determining annuities for certain individuals who retire before the age of 62. Sets forth the annuity formulas for spouses of such individuals and spouses of disabled employees. Makes such annuities comparable to benefits payable under the Social Security Act. Revises the computation of railroad annuities with respect to cost-of-living adjustments made under the Social Security Act. Changes annuity beginning dates to conform to such dates under such Act. Eliminates post-secondary school students from eligibility for survivors' annuities. Requires the Board to prepare annually five-year projections of the retirement system, and, if necessary, to include the tax rate increase needed to assure solvency during such five-year period. Revises annuity eligibility requirements to conform to such provisions under the Social Security Act. Provides for the annualization of benefits for employees who perform service in less than 12 months …