Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 20 - Employees' Benefits |
Chapter III - Social Security Administration |
Part 408 - Special Benefits for Certain World War Ii Veterans |
Subpart L - Federal Administration of State Recognition Payments |
§ 408.1201 - What are State recognition payments?
Latest version.
-
§ 408.1201 What are State recognition payments?
(a) State recognition payments; defined. State recognition payments are any payments made by a State or one of its political subdivisions to an individual who is entitled to SVB, if the payments are made:
(1) As a supplement to monthly SVB payments; and
(2) Regularly, on a periodic recurring, or routine basis of at least once a quarter; and
(3) In cash, which may be actual currency, or any negotiable instrument convertible into cash upon demand.
(b) State; defined. For purposes of this subpart, State means a State of the United States or the District of Columbia.