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Office of the Labor Member |
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Informational Conference Program |
| Retired Employee and
Spouse Benefits - Spouse Annuities
for Wives And Husbands |
| Spouse Tier
Components - Slide 33 |
Text Version:Spouse Tier Components
- TIER I
- TIER II
- 45% of employee tier II
- Not payable to divorced spouses
Notes:
Tier I
- Reduced for age or early retirement if required.
- Reduced for social security benefit or other railroad retirement annuity.
- May be reduced by 2/3 of public pension based on own earnings. Generally
doesn’t apply if employment on which pension is based was covered under social
security throughout last 60 months of public employment or if wife eligible
for pension before December 1982.
- May be reduced if employee under age 65 receiving disability annuity and
workers’ compensation or public disability benefits.
- Spouse not reduced in 60/30 disability cases when spouse annuity beginning
date is January 1, 2002, or later.
Tier II
- May be payable even if no tier I amount payable; for example, if spouse
tier I reduced to zero due to social security or public pension entitlement.
- Reduced for age if required.
- Reduced if employee receiving vested dual benefit.
- Not payable to husbands with child in care.
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