[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: 20CFR229.45]



[Page 480]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

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

 

            Subpart F_Computation of the Overall Minimum Rate

 

Sec.  229.45  Employee benefit.





    The original employee 100 percent overall minimum amount, before 

adjustment for age, other family members, or other benefits, is the 

Overall Minimum PIA, as described in part 225 of this chapter. This is 

the PIA which would be used under the Social Security Act if the 

employee's railroad service had been covered under that Act instead of 

the Railroad Retirement Act. The Overall Minimum PIA may be recomputed 

for additional earnings and adjusted for cost-of-living increases. 

Delayed retirement credits are added to the Overall Minimum PIA as shown 

in part 225, subpart D of this chapter.