[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: 20CFR229.80]



[Page 486]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

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

 

            Subpart H_Miscellaneous Deductions and Reductions

 

Sec.  229.80  Earnings restrictions.





    The O/M may be reduced due to earnings from employment or self-

employment in the same manner as a social security benefit. These 

restrictions on earnings are found at subpart E of part 404 of this 

chapter. Earnings can never reduce an employee's benefit below the 

railroad formula rate less the amount that those benefits would be 

reduced by earnings.