[Code of Federal Regulations]
[Title 20, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR225.54]

[Page 434]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 225_PRIMARY INSURANCE AMOUNT DETERMINATIONS--Table of Contents
 
                       Subpart F_Recomputing PIA's
 
Sec. 225.54  Recomputation when an employee is eligible for periodic 
pension payments based on other than railroad or social security earnings.

    (a) Description. This recomputation serves as a reduction in the PIA 
for entitlement to a periodic pension based, in part or in whole, on 
earnings after 1956 not covered under either the Social Security Act or 
the Railroad Retirement Act. A recomputation for a periodic pension is 
made in accordance with sections 215(a)(7) and 215(f)(9) of the Social 
Security Act. A recomputation affecting the Retirement Tier I, Overall 
Minimum, or Residual Lump-Sum PIA is required when all the following 
conditions exist--
    (1) The employee has less than 30 years of coverage as defined in 
section 215(a) of the Social Security Act. The years of coverage include 
railroad and social security earnings;
    (2) The employee becomes eligible for an annuity after 1985; and
    (3) The employee becomes eligible for the periodic pension payments 
after 1985 based, in part or in whole, on earnings after 1956 not 
covered under either the Social Security Act or the Railroad Retirement 
Act.
    (b) Effective date of recomputation. The Retirement Tier I, Overall 
Minimum or Residual Lump-Sum PIA is recomputed when the employee becomes 
eligible for a periodic pension payment based on other than railroad or 
social security earnings. However, payment of the recomputed PIA is 
effective with the month in which the employee becomes entitled to the 
periodic pension.