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Current as of January 02, 2025 | Updated by Findlaw Staff
The employee's average monthly compensation is computed by first determining the employee's highest 60 months of railroad compensation (disregarding compensation in excess of the maximum creditable tier II compensation for that year). The total of the highest 60 months is then divided by 60 to determine the average monthly compensation.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.226.62 Computing average monthly compensation - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-226-62/
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