1. Regulations
  2. title 20
  3. chapter II
  4. part 229
  5. subpart F
  6. § 229.58

View all text of Subpart F [§ 229.45 - § 229.58]

§ 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