20 C.F.R. § 218.27   Vacation pay.


Title 20 - Employees' Benefits


Title 20: Employees' Benefits
PART 218—ANNUITY BEGINNING AND ENDING DATES
Subpart C—How Work and Special Payments Affect an Employee, Spouse, or Divorced Spouse Annuity Beginning Date

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§ 218.27   Vacation pay.

(a) From railroad employer. Vacation pay may be credited to the vacation period due the employee or to the last day of actual work for the railroad employer. If the vacation pay is credited to the vacation period, the annuity can begin no earlier than the day after the vacation period ends. (Part 211 of this chapter discusses how vacation pay is credited as compensation.)

(b) From non-railroad employer. Vacation pay will not affect the annuity beginning date.

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