Code of Federal Regulations Title 20. Employees' Benefits § 20.220.161 How work affects an employee disability annuity
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In addition to the condition in § 220.160, the employee's disability annuity is not payable and the employee must return the annuity payment for any month in which the employee earns more than $400 (after deduction of impairment-related work expenses) in employment or self-employment of any kind. Any annuity amounts withheld because the annuitant earned over $400 in a month may be paid after the end of the year, as shown in § 220.164. The $400 monthly limit no longer applies when the employee attains retirement age and the disability annuity is converted to a full age annuity. See § 220.145 for the definition of impairment-related work expenses.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.220.161 How work affects an employee disability annuity - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-220-161/
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