[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: 20CFR226.90]

[Page 468]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 226_COMPUTING EMPLOYEE, SPOUSE, AND DIVORCED SPOUSE ANNUITIES--Table of 
 
   Subpart G_Recomputation To Include Additional Railroad Service and 
                              Compensation
 
Sec.  226.90  When recomputation applies.


    An employee's annuity may be recomputed to include additional 
railroad service and compensation and social security wages which the 
employee earns after the beginning date of the employee annuity. The 
annuity is recomputed only if the recomputation increases the annuity 
rate by more than $1 a month or results in a lump-sum payment of more 
than $5. Before a recomputed rate can be paid, the employee must stop 
working in the railroad industry. A recomputed tier I component is 
payable beginning with January 1 of the year after the year in which the 
wages or compensation are earned or (provided the employee is age 62 or 
disabled), in the case of railroad compensation, in the year after the 
employee stops working in the railroad industry. A recomputed tier II 
component is payable from the date the annuity is reinstated after the 
employee has ceased railroad work.