Regulations last checked for updates: Nov 22, 2024

Title 20 - Employees' Benefits last revised: Sep 30, 2024
§ 229.58 - Rounding of overall minimum amounts.

The overall minimum amount for each beneficiary which is not a multiple of $0.10 is rounded to the next lower multiple of $0.10. After reducing each beneficiary's share for other benefits, if the result is not a multiple of $1.00 it is rounded to the next lower multiple of $1.00.

authority: 45 U.S.C. 231(f)(b)(5)
source: 58 FR 53397, Oct. 15, 1993, unless otherwise noted.
cite as: 20 CFR 229.58