[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: 20CFR218.5]



[Page 236]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 218_ANNUITY BEGINNING AND ENDING DATES--Table of Contents

 

                    Subpart B_When an Annuity Begins

 

Sec.  218.5  General rules.





    (a) An annuity begins either on the earliest date permitted by law, 

or on a specific date chosen by the applicant. If the applicant chooses 

a specific date, that date must not be before the earliest date 

permitted by law.

    (b) An annuity may not begin on the thirty-first day of a month, 

unless the claimant would lose benefits if the annuity begins on the 

first day of the following month. No annuity is payable for the thirty-

first day of any month.