Railway Benefit Fund launches Retired Fund

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The Railway Benefit Fund (RBF) has launched a new Retired Fund, which is designed to meet the financial needs of the older population.

The Retired Fund offers applicants a maximum grant of £500 to support with the expenses that can come with age, such as disability, digital exclusion, and isolation. The charity hopes that this new fund will help to make life easier for the retired rail community.

The £500 non-repayable grant can be used for a variety of costs, including but not limited to:

  • Walking aids
  • Home security systems
  • Travel costs
  • Specialised alarm clocks
  • Mobile phones to keep in touch with loved ones, and
  • Clothing to keep warm in the winter months

To be eligible for the Retired Fund, applicants must have at least one year’s railway service, be in receipt of a state and/or private pension and have less than £3,000 in savings as a single person, or less than £5,000 in savings if you are married or in a partnership.

Applicants who need further support may also be eligible for the charity’s Central Fund, which can help with larger expenses such as home adaptions, mobility aids and funeral costs.

Applying for the Retired Fund is quick and simple. After providing proof of railway employment, pension, and bank statements, the team will process your claim and award you with a grant if eligible.

Apply via the RBF website or call the team on 0345 241 2885 to find out more.

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