[Code of Federal Regulations] [Title 20, Volume 1] [Revised as of April 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 20CFR211.14] [Page 209] TITLE 20--EMPLOYEES' BENEFITS CHAPTER II--RAILROAD RETIREMENT BOARD PART 211_CREDITABLE RAILROAD COMPENSATION--Table of Contents Sec. 211.14 Maximum creditable compensation. Maximum creditable compensation for calendar years after 1984 is the maximum annual taxable wage base defined in section 3231(e)(2)(B) of the Internal Revenue Code of 1986. In November of each calendar year the Director of Research and Employment Accounts shall notify each employer of the amount of maximum creditable compensation applicable to the following calendar year. [58 FR 45251, Aug. 27, 1993]