[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: 20CFR234.55]



[Page 497]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 234_LUMP-SUM PAYMENTS--Table of Contents

 

         Subpart F_Tier II Separation Allowance Lump-Sum Payment

 

Sec.  234.55  General.



    Source: 56 FR 1573, Jan. 16, 1991, unless otherwise noted.





    Under the Railroad Retirement Act certain railroad employees who 

have received separation or severance payments may be entitled to a 

lump-sum payment if tier II railroad retirement taxes were deducted from 

these payments. This part sets forth the conditions for entitlement to 

the lump-sum payment and explains how the payment is computed.