20 C.F.R. § 225.35

Current through September 30, 2024
Section 225.35 - When a PIA used in computing a retirement annuity can be increased for DRC's

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 inAre added to PIA
Years before the year the employee annuity beginsOn the date the annuity begins.
Year the annuity beginsOn 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.

20 C.F.R. § 225.35