20 C.F.R. 20 CFR--PART 416


Title 20 - Employees' Benefits


Amendment from August 09, 2006

20 CFR--PART 416
View Printed Federal Register page 71 FR 45378 in PDF format.

Amendment(s) published August 9, 2006, in 71 FR 45378


Effective Date(s): September 8, 2006

4. Section 416.1123 is amended by revising paragraph (a) and adding a new paragraph (f) to read as follows:

§ 416.1123   How we count unearned income.

(a) When we count unearned income. We count unearned income at the earliest of the following points: when you receive it or when it is credited to your account or set aside for your use. We determine your unearned income for each month. We describe exceptions to the rule on how we count unearned income in paragraphs (d), (e) and (f) of this section.

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(f) Uniformed service compensation. We count compensation for services performed as a member of a uniformed service (as defined in §404.1330 of this chapter) as received in the month in which it is earned.

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