[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: 20CFR225.35]



[Page 451]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 225_PRIMARY INSURANCE AMOUNT DETERMINATIONS--Table of Contents

 

                  Subpart D_Delayed Retirement Credits

 

Sec.  225.35  When a PIA used in computing a retirement annuity can be 

increased for DRC's.



    Delayed retirement credits earned at different times are added to 

the PIA used in computing a retirement annuity as follows:



------------------------------------------------------------------------

         DRC's earned for month in                Are added to PIA

------------------------------------------------------------------------

Years before the year the employee annuity  On the date the annuity

 begins.                                     begins.

Year the annuity begins...................  On January 1 of the year

                                             after the annuity begins.

Years after the annuity begins, and before  On January 1 of the year

 the year the employee attains age 70 (72    after the credits are

 before 1984).                               earned.

Year the employee attains age 70 (72        In the month age 70 (or 72)

 before 1984).                               is attained.

------------------------------------------------------------------------