Spectrum specializes in evaluating economic damages incurred by injured railroad employees (or the survivors of deceased railroaders) under the Federal Employers Liability Act (FELA). Our expertise includes:
- Past and current railroad labor agreements;
- Unreimbursed expenses applicable to railroaders;
- Railroad medical benefit plans and their alternatives;
- Railroad retirement benefits (valued based on actual formulae for Tier I, Tier II, Supplemental and/or corporate pension);
- Railroader retirement experience given early retirement incentives;
- Modeling alternative railroad positions post-injury;
- Taxation of railroad earnings and benefits;
- Calculation of after-tax present value awards given the taxation of interest income that will accrue to finance future loss flows;
- Breakdown of awards into the components of loss.