§ 234.55. General.
52 words·~1 min read·
/us/cfr/t20/s§ 234.55·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Under the Railroad Retirement Act certain railroad employees who have received separation or severance payments may be entitled to a lump-sum payment if tier II railroad retirement taxes were deducted from these payments. This part sets forth the conditions for entitlement to the lump-sum payment and explains how the payment is computed.