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Code of Federal Regulations Title 20. Employees' Benefits § 20.225.35 When a PIA used in computing a retirement annuity can be increased for DRC's

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Delayed retirement credits earned at different times are added to the PIA used in computing a retirement annuity as follows:

DRC's earned for month in

Are added to PIA

Years before the year the employee annuity begins.․․․․

On the date the annuity begins.

Year the annuity begins․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․

On January 1 of the year after the annuity begins.

Years after the annuity begins, and before the year the employee attains age 70 (72 before 1984).

On January 1 of the year after the credits are earned.

Year the employee attains age 70 (72 before 1984).․․․․

In the month age 70 (or 72) is attained.

Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.225.35 When a PIA used in computing a retirement annuity can be increased for DRC's - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-225-35/


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