§ 225.35. When a PIA used in computing a retirement annuity can be increased for DRC's.
99 words·~1 min read·
/us/cfr/t20/s§ 225.35·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 in Are 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.