Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 20 - Employees' Benefits |
Chapter II - Railroad Retirement Board |
SubChapter B - Regulations Under the Railroad Retirement Act |
Part 220 - Determining Disability |
Subpart M - Disability Annuity Earnings Restrictions |
§ 220.161 - How work affects an employee disability annuity.
Latest version.
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§ 220.161 How work affects an employee disability annuity.
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.
[56 FR 12980, Mar. 28, 1991, as amended at 68 FR 39010, July 1, 2003]