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Current as of January 02, 2025 | Updated by Findlaw Staff
An employee with a current connection with the railroad industry at the time of retirement may qualify for a supplemental annuity in addition to the regular employee annuity. Supplemental annuities are paid from a separate account funded by employer taxes in addition to those assessed for regular annuities. The Board reduces a supplemental annuity if the employee receives a private pension based on contributions from a railroad employer.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.216.40 General - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-216-40/
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