Current through November 30, 2024
Section 229.40 - When an annuity increase under the overall minimum ends(a)Employee Age O/M. An increase in an employee's annuity under the overall minimum based on age ends with the month before the month in which the employee dies. If a disability annuity is increased under the overall minimum based on age rather than disability, and the employee is under retirement age, the increase ends with the second month after the month the disability ends as shown in part 220 of this chapter.(b)Employee DIB O/M. An increase in an employee's annuity under the overall minimum based on disability ends with the earlier of:(1) The month before the month in which the employee dies; or(2) The month before the month the employee attains retirement age (the DIB O/M is changed to an age O/M); or(3) The second month after the month the disability ends, as explained in part 220 of this chapter.(c)Spouse. An increase in a spouse annuity under the overall minimum ends when the increase in the employee annuity ends, as shown in paragraphs (a) and (b) of this section, when the spouse can no longer be included in computing the annuity rate under the overall minimum as shown in § 229.41 of this part, or when the spouse annuity ends as shown in part 218 of this chapter.