What is an EDI 429 Railroad Retirement Activity?
EDI 429 is a transaction set that allows the sender to facilitate information exchange between the Retirement Board and rail carriers in transferring claim and railroad employee sickness information. It can be used for levying unemployment benefits and for adjusting sickness claims benefits against retirement funds set up for employees.
The data contents and format of EDI 429 Railroad Retirement Activity are used for the electronic interchange of information. It is divided into various segments and data elements.
Workflow for the Exchange of an EDI 429 Railroad Retirement Activity
EDI 429 falls under the category of X12I Transportation transaction set. This transaction set is used to transfer information regarding sickness related cases of railroad employees, as well as for adjusting unemployment benefits against retirement funds, serving as the main mode of information exchange between the Retirement Board and rail carriers for these cases.
Stay EDI Compliant with EDIConnect
EDIConnect is an enterprise-grade EDI solution that simplifies the process of sending and receiving EDI messages. It is designed to handle X12, EDIFACT, and HL7 transaction sets through its built-in parser, validator, and transaction builder. It also offers features to help businesses comply with EDI requirements and communicate seamlessly with their trading partners.