20 CFR 211.7 - Compensation credited for creditable military service.

Code of Federal Regulations - Title 20: Employees' Benefits

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Title 20: Employees' Benefits

CHAPTER II: RAILROAD RETIREMENT BOARD

SUBCHAPTER B: REGULATIONS UNDER THE RAILROAD RETIREMENT ACT

PART 211: CREDITABLE RAILROAD COMPENSATION

211.7 - Compensation credited for creditable military service.

In determining the creditable compensation of an employee, the following amounts shall be credited for each month of military service, provided the employee's combined monthly railroad and military compensation does not exceed the maximum creditable amount:

(a) $160 for each calendar month before 1968;

(b) $260 for each calendar month after 1967 and before 1975;

(c) For years after 1974, the actual military earnings reported as wages under the Social Security Act.

[53 FR 17184, May 16, 1988]

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