[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: 20CFR225.24]



[Page 449]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 225_PRIMARY INSURANCE AMOUNT DETERMINATIONS--Table of Contents

 

 Subpart C_PIA's Used in Computing Survivor Annuities and the Amount of 

                      the Residual Lump-Sum Payable

 

Sec.  225.24  SS Earnings PIA used in survivor annuities.



    The Social Security Earnings PIA (SS Earnings PIA) used in survivor 

annuities may be used in computing the tier II component when the 

survivor tier II is based on a percentage of the employee annuity tier 

II and the employee had been or would be, if he or she were still alive, 

entitled to a vested dual benefit. If the employee received a retirement 

annuity before death, this PIA is identical to the retirement SS 

Earnings Dual Benefit PIA described in subpart B of this part. If a 

retirement annuity was not paid before the employee's death, the PIA is 

determined as if the employee were 65 years old in the month of his or 

her death. The SS Earnings PIA used in survivor annuities is determined 

in accordance with section 215 of the Social Security Act as in effect 

on December 31, 1974. It is computed using the deceased employee's 

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

would result) through December 31, 1974.