20 C.F.R. § 404.1263 When fractional part of a cent may be disregarded—for wages paid prior to 1987.
Title 20 - Employees' Benefits
In paying contributions to a Federal Reserve bank or branch, a State may disregard a fractional part of a cent unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall be used in computing the total of contributions.
Title 20: Employees' Benefits
PART 404—FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950– )
Subpart M—Coverage of Employees of State and Local Governments
Figuring the Amount of the State's Contributions—for Wages Paid Prior to 1987
§ 404.1263 When fractional part of a cent may be disregarded—for wages paid prior to 1987.
