[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: 20CFR229.10]



[Page 477]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 229_SOCIAL SECURITY OVERALL MINIMUM GUARANTEE--Table of Contents

 

       Subpart B_Social Security Overall Minimum Guarantee Defined

 

Sec.  229.10  What the social security overall minimum guarantee is.





    The social security overall minimum guarantee is the amount of total 

family benefits which would be paid under the Social Security Act if the 

employee's railroad service had been covered by that Act. A 100 percent 

overall minimum benefit may be paid, as described in Sec.  229.11. A 100 

percent overall minimum based on age (age O/M) may be payable when the 

employee is 62 years old. The age O/M is reduced for age for months in 

which the O/M is payable before the employee attains retirement age. An 

overall minimum may also be payable before age 62 based on an employee's 

disability (DIB O/M). The DIB O/M is not reduced for age.