[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: 20CFR234.46]

[Page 497]
 
                      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 498]]