[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: 20CFR234.56]

[Page 499]
 
                      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.  234.56  Persons to whom a separation allowance lump-sum payment is 

payable.

    (a) An employee who has completed 10 years of service at the time of 
his or her retirement or death and who has received on or after January 
1, 1985, a separation allowance or severance payment (see Sec.  210.11 
of this chapter) which would have been used to increase his or her tier 
II benefit, except for the fact that he or she was neither in an 
employment relation to one or more employers as defined in part 204 of 
this chapter nor an employee representative (see part 205 of this 
chapter), shall be entitled to a lump sum in the amount provided for in 
Sec.  234.58.
    (b) If an employee, otherwise eligible for the lump sum provided for 
in this section, dies before he or she becomes entitled to a regular 
annuity or before he or she receives payment of the lump sum, the lump 
sum is payable to the employee's widow or widower who will not have died 
before receiving payment. If the employee is not survived by a widow or 
widower who will not have died before receiving payment, the lump sum is 
payable to the employee's survivors in the same order of priority as 
shown for the residual lump-sum (RLS) in Sec.  234.44.