§ 220.161. How work affects an employee disability annuity.
123 words·~1 min read·
/us/cfr/t20/s§ 220.161·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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]