20 C.F.R. § 225.35 When a PIA used in computing a retirement annuity can be increased for DRC's.
Title 20 - Employees' Benefits
Delayed retirement credits earned at different times are added to the PIA used in computing a retirement annuity as follows:
Title 20: Employees' Benefits
PART 225—PRIMARY INSURANCE AMOUNT DETERMINATIONS
Subpart D—Delayed Retirement Credits
§ 225.35 When a PIA used in computing a retirement annuity can be increased for DRC's.
------------------------------------------------------------------------ DRC's earned for month in Are added to PIA------------------------------------------------------------------------Years before the year the employee annuity On the date the annuity begins. begins.Year the annuity begins................... On January 1 of the year after the annuity begins.Years after the annuity begins, and before On January 1 of the year the year the employee attains age 70 (72 after the credits are before 1984). earned.Year the employee attains age 70 (72 In the month age 70 (or 72) before 1984). is attained.------------------------------------------------------------------------
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