20 C.F.R. § 226.51 Maximum monthly amount.
Title 20 - Employees' Benefits
The railroad retirement family maximum is equal to an employee's “final average monthly compensation” (FAMC) up to Example: An employee's annuity begins on December 2, 1982. He has yearly earnings that exceed the tier II annual maximum of $24,300 in 1982 and $22,200 in 1981. The FAMC is the sum of the tier II maximum for 1981 and 1982 divided by 24 ($24,300 + $22,200÷24) or $1,937.50. The maximum which may be credited to a month for tier I in 1982 is $2,700. The family maximum is $1,350 (
Title 20: Employees' Benefits
PART 226—COMPUTING EMPLOYEE, SPOUSE, AND DIVORCED SPOUSE ANNUITIES
Subpart D—Railroad Retirement Family Maximum
§ 226.51 Maximum monthly amount.