[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: 20CFR211.3]



[Page 205]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 211_CREDITABLE RAILROAD COMPENSATION--Table of Contents

 

Sec.  211.3  Compensation paid for time lost.



    (a) A payment made to an employee for a period during which the 

employee was absent from the active service of the employer is 

considered to be pay for time lost and is, therefore, creditable 

compensation. Pay for time lost as an employee includes:

    (1) Pay received for a certain period of time due to personal 

injury, or

    (2) Pay received for loss of earnings for a certain period of time, 

resulting from the employee being placed in a position or occupation 

paying less money. In reporting compensation which represents pay for 

time lost, employers shall allocate the amount paid to the employee to 

the month(s) in which the time was actually lost. The entire amount of 

any payment made to an employee for personal injury is considered pay 

for time lost unless, at the time of payment, the employer states that a 

particular amount of the payment was for reasons other than pay for time 

lost.

    (b) Where pay for time lost is allocated to the month(s) in which 

the time was actually lost, the Board will accept the allocation made by 

the parties involved if it relates to the employee's normal monthly pay. 

A reasonable relationship to an employee's normal monthly pay is 

ordinarily no less than ten times the employee's daily pay rate.