Railroad Retirement Tier 2 Max 2024. Employees with at least 10 years (120 months) of creditable railroad service, or at least 5 years (60 months) of creditable railroad service after 1995, are vested in railroad retirement and eligible for retirement and disability annuities. Understanding railroad retirement tier i and tier ii benefits.

For those born in 1960 or later, the full retirement age is 67. Social security’s maximum taxable compensation in 2024 is also $168,600.