[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: 20CFR211.4]



[Page 205-206]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 211_CREDITABLE RAILROAD COMPENSATION--Table of Contents

 

Sec.  211.4  Vacation pay.



    Payments made to an employee with respect to vacation or holidays 

shall be



[[Page 206]]



considered creditable compensation whether or not the employee takes the 

vacation or holiday.



[58 FR 45251, Aug. 27, 1993]