Railroad Retirement and Unemployment Benefits Protection Act of 1986

[AI summary unavailable — showing source text] Railroad Retirement and Unemployment Benefits Protection Act of 1986 - Amends the Railroad Retirement Act of 1974 to: (1) provide that certain cost of living increases in railroad retirement annuities shall not be prevented from taking effect by any provision of law other than such Act; (2) prohibit the sequestration of any amounts appropriated to the Dual Benefits Payment Account other than by such Act; and (3) prohibit the sequestration of administrative expenses for the Railroad Retirement Board other than by such Act. Amends the Railroad Unemployment Insurance Act to prohibit any: (1) legislative limitation from being placed upon the availability of railroad unemployment insurance benefit payments other than by such Act; and (2) sequestration of railroad unemployment insurance administration funds other than by such Act.…