The Railroad Retirement Fairness Act of 2026 proposes an amendment to the Railroad Retirement Act of 1974. The primary goal of this legislation is to eliminate specific deductions currently applied to annuities received by beneficiaries. By striking subdivision (6) of Section 2(f) of the 1974 Act, the bill seeks to prevent these deductions from reducing annuity payments. This change is intended to ensure greater fairness in the calculation of railroad retirement benefits.