Retirement
We provide employees the opportunity to have a financially secure retirement, with programs that differ depending on date of hire and whether they are management or craft professionals. These include a combined pension and 401(k) for management employees hired prior to 2018, an enhanced 401(k) for management employees hired after 2017, and a 401(k) for craft professionals. Additionally, both management and craft professionals enjoy Railroad Retirement Board benefits – worth up to 1.5 times more than Social Security. While it functions similarly to Social Security, Union Pacific contributes an additional ~13.1% on behalf of employees versus what employers pay into Social Security, which helps fund RRB’s higher benefit levels. To learn more, visit the U.S. Railroad Retirement Board.
Life and Family
We recognize employees may need help at home to support the varying work schedules required to run the railroad’s 24/7 operation. We offer a child development center in Omaha, Nebraska, as well as access to Bright Horizons Care Advantage to provide center-based child care, pet care, elder care and tutoring services.
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