NEW YORK (AP) — Long Island Rail Road retirees who faked disability claims in order to get more lucrative pensions would avoid prosecution and be able to keep their benefits if they admit wrongdoing under a deal with the federal government, officials said Tuesday.

In announcing the arrest of an additional 10 people in the months-long probe, federal officials also said they are offering an amnesty program for others to come forward by July 6. In exchange for admitting they made false or misleading statements to get more money from disability claims, former workers would be able to keep their pension benefits and won't be prosecuted.

But those arrested or under investigation are ineligible for the deal.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.