[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: 20CFR234.46]



[Page 495]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 234_LUMP-SUM PAYMENTS--Table of Contents

 

                   Subpart D_Residual Lump-Sum Payment

 

Sec.  234.46  Amount of the RLS payable.



    The gross RLS amount is equal to certain percentages of the 

employee's creditable compensation, including military service, as 

described in Sec.  234.48. (Creditable compensation and military service 

are discussed in parts 211 and 212 of this chapter, respectively.) The 

amount of the RLS payable is equal to the gross RLS minus the sum of all 

retirement benefits that have been paid on the basis of the employee's 

railroad service and all survivor benefits based on the employee's 

earnings previously paid by either the Board or the Social Security 

Administration.



[[Page 496]]