[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: 20CFR225.13]



[Page 447]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 225_PRIMARY INSURANCE AMOUNT DETERMINATIONS--Table of Contents

 

 Subpart B_PIA's Used in Computing Employee, Spouse and Divorced Spouse 

                                Annuities

 

Sec.  225.13  Social Security Earnings Dual Benefit PIA.



    (a) General. The Social Security Earnings Dual Benefit PIA is used 

in computing the employee vested dual benefit when the employee meets 

certain eligibility requirements as described in part 216 of this 

chapter. The Social Security Dual Benefit PIA is also used in computing 

the employee's tier II annuity component when the employee becomes 

entitled to a vested dual benefit. This PIA is determined under section 

215 of the Social Security Act as in effect on December 31, 1974. Social 

security earnings after 1950 (or after 1936, if applicable) and through 

December 31, 1974, or the last year of railroad service before 1974 are 

included in the calculation of this PIA.

    (b) Employee insured on own wage record on December 31, 1974. Social 

security earnings after 1950 (or after 1936, if a higher PIA would 

result) and through 1974 are used in computing the Social Security 

Earnings Dual Benefit PIA if the employee--

    (1) Had at least 25 years of railroad service before January 1, 

1975; or

    (2) Had at least 10 years of railroad service as of December 31, 

1974, and worked in the railroad industry anytime during calendar year 

1974; or

    (3) Had at least 10 years of railroad service as of December 31, 

1974, and has a current connection with the railroad industry (as 

described in part 216 of this chapter) on December 31, 1974, or when the 

employee annuity began.

    (c) Employee insured on own wage record in last year of railroad 

service. Social security earnings after 1950 (or after 1936, if a higher 

PIA would result) and through December 31 of the year before 1974 in 

which the employee last worked in the railroad industry are used in 

computing the Social Security Earnings Dual Benefit PIA if the 

employee--

    (1) Had at least 10 but less than 25 years of railroad service 

through December 31, 1974; and

    (2) Did not work in the railroad industry during 1974; and

    (3) Did not have a current connection with the railroad industry (as 

described in part 216 of this chapter) on December 31, 1974, or when the 

employee annuity began.