[Code of Federal Regulations]
[Title 20, Volume 2]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR408.224]

[Page 589]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
               CHAPTER III--SOCIAL SECURITY ADMINISTRATION
 
PART 408_SPECIAL BENEFITS FOR CERTAIN WORLD WAR II VETERANS--Table of 
Contents
 
               Subpart B_SVB Qualification and Entitlement
 
Sec. 408.224  How do we determine the monthly amount of your other benefit 
income?

    If your other benefit income is paid in other than monthly amounts, 
we will compute the equivalent monthly amount as follows:
    (a) Weekly payments. We multiply the amount of the weekly payment by 
52 and divide by 12 to determine the equivalent monthly payment amount.
    (b) Bi-weekly payments. We multiply the amount of the bi-weekly 
payment by 26 and divide by 12 to determine the equivalent monthly 
payment amount.
    (c) Quarterly payments. We multiply the amount of the quarterly 
payment by 4 and divide by 12 to determine the equivalent monthly 
payment amount.
    (d) Semi-annual payments. We multiply the amount of the semi-annual 
payment by 2 and divide by 12 to determine the equivalent monthly 
payment amount.
    (e) Lump sum payment. If the paying agency will not prorate the lump 
sum to determine the monthly amount, we will compute the amount as 
follows:
    (1) If the payment is for a specific period. We divide the lump sum 
by the number of months in the period for which the payment was made to 
determine the equivalent monthly payment amount.
    (2) If the payment is for a lifetime or for an unspecified period. 
We divide the lump sum amount by your life expectancy in months at the 
time the lump sum is paid.