[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: 20CFR302.3]



[Page 538]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 302_QUALIFIED EMPLOYEE--Table of Contents

 

Sec.  302.3  Qualifying conditions.



    (a) Basic requirements. To qualify for benefits with respect to a 

benefit year, an employee:

    (1) Must have earned compensation in an amount equal to at least 2.5 

times the amount of the monthly compensation base during his or her base 

year; and

    (2) If such employee has earned no compensation prior to such base 

year, he or she must have earned compensation in at least five months 

during his or her base year.

    (b) Deemed service months disregarded. For purposes of paragraph (a) 

of this section, service months deemed under Sec.  210.3 of this chapter 

shall be disregarded.