Bsf Employee Research Paper

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BNSF Employee Sponsored Benefits Week 1 Assignment Course Project PA 599 Benefits Table of Contents Profile 3 Property and Facilities 4 Benefits Program 5 Reference: 7 Profile “BNSF Railway Company (BNSF Railway, Registrant or Company), formerly known as The Burlington Northern and Santa Fe Railway Company and prior to that, Burlington Northern Railroad Company (BNRR) was incorporated in the State of Delaware on January 13, 1961. BNSF Railway is a wholly owned subsidiary of Burlington Northern Santa Fe, LLC, and successor company to Burlington Northern Santa Fe Corporation. On February 12, 2010, Berkshire Hathaway Inc., a Delaware corporation (Berkshire), acquired 100% of the outstanding shares of Burlington Northern Santa Fe Corporation…show more content…
BNSF complement these with a wide range of health, retirement and wellness programs. These benefits allow the opportunity for their employees to protect and improve health, financial well-being and quality of life for you and your family. BNSF offers nutrition, fitness and other wellness programs that support the employees’ and their families’ efforts to reach personal health goals. While benefits are different for scheduled (union-represented) and salaried employees, all of their employees are afforded access to quality medical and retirement benefits. When it comes to retirement, railroad employees and railroad companies contribute to Railroad Retirement, a program similar to, but separate from, Social Security. The two systems are closely coordinated with regard to earnings credits, benefit payments and taxes by the Railroad Retirement Board. While employers and employees covered by Railroad Retirement pay somewhat higher retirement taxes than those covered by Social Security, Railroad Retirement benefits can be significantly higher than Social Security benefits, especially for career employees (KENT,

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