A bill to amend the Railroad Unemployment Insurance Act to increase unemployment and sickness benefits, to raise the contribution base, and for other purposes.

Increases unemployment and sickness benefits under the Railroad Unemployment Insurance Act. Revises the employer contribution base under such Act. Requires employers to pay a contribution equal to the specified percentage of so much of the compensation paid to any employee for service rendered after March 1975 as is not in excess of the maximum monthly compensation set forth in this Act.