[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: 20CFR229.90]



[Page 487]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

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

 

                Subpart I_Payment of Overall Minimum Rate

 

Sec.  229.90  Proportionate shares of overall minimum.





    When both the employee and the spouse are entitled to annuities and 

the overall minimum rate is higher than the railroad formula rate, the 

overall minimum amount must be divided between the employee and spouse. 

The employee receives two-thirds of the total O/M rate. The spouse 

receives one-third of the total O/M rate.