20 CFR 225.35 - When a PIA used in computing a retirement annuity can be increased for DRC's.
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 begins||On the date the annuity begins.|
|Year the annuity begins||On 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.|
Title 20 published on 2014-04-01
no entries appear in the Federal Register after this date.