To provide extended unemployment benefits during periods of high unemployment to railroad employees who have less than 10 years of service.

Amends the Railroad Unemployment Insurance Act to provide temporary extended railroad unemployment insurance benefits or to railroad employees who have less than ten years of service, for periods of high national unemployment of six percent or greater. Provides for such extended benefits for up to 13 weeks, through July 4, 1992. Sets forth transition and reachback provisions.