§ 216.40. General.
68 words·~1 min read·
/us/cfr/t20/s§ 216.40·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An employee with a current connection with the railroad industry at the time of retirement may qualify for a supplemental annuity in addition to the regular employee annuity. Supplemental annuities are paid from a separate account funded by employer taxes in addition to those assessed for regular annuities. The Board reduces a supplemental annuity if the employee receives a private pension based on contributions from a railroad employer.