[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: 20CFR227.3]



[Page 467]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 227_COMPUTING SUPPLEMENTAL ANNUITIES--Table of Contents

 

Sec.  227.3  Reduction for railroad retirement family maximum.



    If the railroad retirement family maximum applies, and the reduction 

amount is higher than the spouse tier II rate, as shown in part 226 of 

this chapter, the initial supplemental annuity rate from Sec.  227.2 is 

reduced by the smaller of--

    (a) The difference between the total railroad retirement maximum 

reduction amount and the reduction in the spouse annuity; or

    (b) The total supplemental annuity rate from Sec.  227.2.



[50 FR 11502, Mar. 22, 1985, as amended at 54 FR 12903, Mar. 29, 1989]