[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: 20CFR234.10]



[Page 491]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 234_LUMP-SUM PAYMENTS--Table of Contents

 

                    Subpart B_Lump-Sum Death Payment

 

Sec.  234.10  General.





    A lump-sum death payment (LSDP) is payable when an employee with ten 

or more years of railroad service and a current connection with the 

railroad industry dies and is not survived by an individual who is 

eligible for a monthly annuity in the month the employee died. The 

amount of the LSDP and the priority for payment depend upon when the 

employee acquired his or her 120th month of railroad service. If the 

employee acquired the 120th month of railroad service after 1974, a 1974 

Act lump-sum death payment is payable to the employee's widow(er). If 

the employee acquired the 120th month of railroad service before 1975, a 

1937 Act lump-sum death payment is payable to the employee's widow(er), 

the funeral home or the payer of the employee's burial expenses. An 

application for an LSDP must be filed within two years after the 

employee's death.



(Approved by the Office of Management and Budget under control number 

3220-0031)



[51 FR 3036, Jan. 23, 1986, as amended at 52 FR 11017, Apr. 6, 1987]