[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: 20CFR225.15]



[Page 448]

 

                      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.  225.15  Overall Minimum PIA.



    The Overall Minimum PIA is considered when the employee would be 

eligible for an old age insurance benefit or a disability insurance 

benefit under section 202 or 223 of the Social Security Act based on 

combined railroad and social security earnings. The Overall Minimum PIA 

is used in computing the social security overall minimum guaranty 

amount. The overall minimum guaranty rate annuity formula is discussed 

in part 229 of this chapter. The Overall Minimum PIA is determined under 

the rules in sections 215 and 223 of the Social Security Act. Railroad 

and social security earnings are included in the calculation of the 

Overall Minimum PIA. The Overall Minimum PIA is used to determine the 

amount which is treated as a social security benefit for the purpose of 

taxation pursuant to section 86(d) of the Internal Revenue Code of 1986.