20 CFR 225.35 - When a PIA used in computing a retirement annuity can be increased for DRC's.

Regulations last checked for updates: Feb 16, 2025

Title 20 - Employees' Benefits last revised: Jan 17, 2025

§ 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.

authority: 45 U.S.C. 231f(b)(5)

source: 54 FR 12903, Mar. 29, 1989, unless otherwise noted.

cite as: 20 CFR 225.35